Binance, the world’s largest cryptocurrency exchange, announced that the value of the funds it holds for its users exceeds 100 billion dollars.
In its official blog post, the company attributes this success to strong fund inflows and rising digital asset prices.
Binance stated that it maintains a 1:1 ratio for all user funds with additional reserves and presented the Proof of Reserves March report, which it claims proves this, for users to review.
Here is the amount of assets held by the company as recorded by Binance’s Proof of Work system:
Bitcoin (BTC): 580,464.411
Tether (USDT): 21,608,372,764.925
Ethereum (ETH): 4,120,427.187
Binance Coin (BNB): 33,106,240.684
Solana (SOL): 32,800,606,586
FDUSD: 2.851.390.915,545
Ripple (XRP): 3,076,385,757.559
USD Coin (USDC): 1,384,219,651.993
TrueUSD (TUSD): 279,056,972.003
Dogecoin (DOGE): 13,613,483,396,957
Polygon (MATIC): 1,117,396,443.958
Polkadot (DOT): 118.147.517.071
Chainlink (LINK): 54,591,680.875
Shiba Inu (SHIB): 71,667,579,798,130
Arbitrum (ARB): 337.234.739.428
Litecoin (LTC): 6,076,307.86
Optimism (OP): 118.216.643,272
Chiliz (CHZ): 2,653,570,768.616
Uniswap (UNI): 36.420.059,436
Aptos (APT): 27.577.378.535
The Graph (GRT): 799.992.808,642
SSV: 3.848.037.616
Chromia (CHR): 390,837,089,979
Enjin Coin (ENJ): 243.923.137,756
Changpeng Zhao, the founder and former CEO of Binance, announced in his statement today that he would launch a new cryptocurrency project after a long time. Zhao had clarified that this would not include the launch of a new token.
*This is not investment advice.