Achieves the thirty second Consecutive Month of Publishing PoR Reviews, Sustaining over 100% Protection
VICTORIA, Seychelles, July 10, 2025 /PRNewswire/ — KuCoin, a number one world cryptocurrency alternate, is happy to announce the profitable completion of its newest Proof of Reserves (PoR) audit, performed by famend blockchain safety agency Hacken.
Via rigorous PoR audit procedures — together with Proof of Liabilities, Proof of Possession, Reserves Calculation, and a complete Proof of Reserves Evaluation — the audit lined a variety of belongings throughout a number of blockchain networks. This course of underscores KuCoin’s dedication to full transparency and consumer belief.
Through the meticulous analysis, KuCoin efficiently demonstrated that its holdings not solely absolutely cowl however exceed all consumer liabilities throughout all in-scope belongings, sustaining a stable reserve ratio larger than 1:1. These assurances are substantiated by the compelling findings introduced within the audit outcomes and mark the thirty second consecutive month that KuCoin has printed a PoR report confirming full collateralization — a transparent testomony to the platform’s long-standing dedication to transparency and consumer safety.
The audit validated KuCoin’s reserves throughout a broad vary of cryptocurrencies, confirming that each one consumer liabilities for in-scope belongings are absolutely backed with out exception. In keeping with the most recent knowledge out there on KuCoin’s Proof of Reserves web page as of June 30, 2025, the platform maintains the next reserve ratios for key belongings:
- BTC: 110%
- ETH: 110%
- USDT: 114%
- USDC: 112%
These figures replicate KuCoin’s prudent method to danger administration and its dedication to sustaining the best requirements of economic safety.
The audit encompassed belongings throughout greater than 30 blockchain networks, equivalent to Ethereum, Solana, TON, and zkSync. Utilizing industry-standard methodologies together with customized digital signatures, “send-to-self” transactions, and anonymized legal responsibility snapshots, Hacken verified KuCoin’s possession and management of all listed wallets, with no discrepancies or shortfalls recognized.
“At KuCoin, we imagine transparency is the inspiration of belief within the crypto ecosystem,” mentioned BC Wong, CEO of KuCoin. “This audit not solely validates our dedication to safeguarding consumer belongings but additionally displays our broader imaginative and prescient of constructing a safe and inclusive platform for all. We’ll proceed to prioritize transparency and safety as we work towards empowering our customers and advancing world digital asset adoption. Asset audits characterize a significant place to begin for {industry} self-regulation — a crucial step towards constructing consumer confidence and supporting the long-term, sustainable improvement of the crypto house.”
Trying to the longer term, KuCoin is devoted to bolstering consumer belief via its $2 billion Belief Venture, an initiative aimed toward fortifying safety and transparency throughout the platform. As a part of this initiative, KuCoin will proceed to uphold transparency. This consists of ongoing investments in cutting-edge safety infrastructure to offer a seamless and safe expertise.
KuCoin additionally invitations customers to actively take part in utilizing the intuitive instruments out there on the Proof of Reserves web page. By providing customers the flexibility to confirm on-chain knowledge straight, KuCoin continues to push the boundaries of belief and accountability.
About KuCoin
Based in 2017, KuCoin is among the pioneering and most globally acknowledged know-how platforms supporting digital economies, constructed on a sturdy basis of cutting-edge blockchain infrastructure, liquidity options, and distinctive consumer expertise. With a related consumer base exceeding 41 million worldwide, KuCoin provides complete digital asset options throughout wallets, buying and selling, wealth administration, funds, analysis, ventures, and AI-powered bots.
KuCoin has garnered accolades equivalent to “Greatest Crypto Apps & Exchanges” by Forbes and has been acknowledged among the many “High 50 World Unicorns” by Hurun in 2024. This recognition displays its dedication to user-centric rules and core values, which embrace integrity, accountability, collaboration, and a relentless pursuit of excellence. Study extra at: www.kucoin.com
