Cryptocurrency exchange OKX announced some of its holdings via social media.
After the recent FTX crash, the exchanges move transparently on the agenda. Binance CEO Changpeng Zhao (CZ) stated that the exchange will now disclose its assets transparently. CZ’s statement came to rebuild investor confidence after the FTX collapse. Binance recently announced some of its holdings via social media. Following this move, other popular cryptocurrency exchanges also started to announce their assets. Finally, OKX has transparently shared a $6 billion asset.
OKX Complied with Transparency Rule
Cryptocurrency exchange OKX announced some of its holdings via Twitter.
OKX announced that it has $6 billion in assets in cold wallets. In its Twitter statement, OKX stated that it has made transparency and user security a top priority. In addition, the exchange stated that the shared data belongs to the reserves and wallet addresses.
In the hands of the exchange, which shares some of its assets, the majority of USDT, Bitcoin (BTC) and Ethereum (ETH) attracted attention. It stood out that 46 percent of the 6 billion dollar asset is USDT. Also, 25 percent of assets are BTC and 21 percent are ETH. Finally, a 6% slice is on the USDC side.
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