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Kraken: Completed an updated Certificate of Reserve covering client assets worth over $21.50 billion

Cryptocurrency exchange Kraken has announced the completion of its latest Proof of Reserve. This independent procedure performed by a third-party accountant allows customers to verify that their account balances are fully backed by on-chain assets, which are held securely by Kraken for the backed cryptocurrency as of September 30, 2024 snapshot. This latest proof covers customer assets worth over $21.50 billion, as well as the most widely held cryptocurrencies on the platform: BTC, ETH, SOL, USDC, USDT, and XRP.