TechFlow, on August 9, Bitget released its latest Proof of Reserves report, showing a total reserve ratio of 201%, with individual reserve ratios for BTC, ETH, USDT, and USDC at 426%, 158%, 124%, and 1988% respectively.
Since December 2022, Bitget has published monthly verifiable proof of reserves, consistently maintaining a reserve coverage ratio above 200%. According to data from Coinmarketcap published on August 7, Bitget’s total accumulated reserves exceed $1.37 billion, covering 31 major digital assets including BTC, ETH, USDT, and USDC.
Gracy Chen, Managing Director at Bitget, emphasized the critical role of trust and transparency in the company's operations. She stated: "Commitment and trustworthiness are among our top priorities. We firmly believe that transparency and integrity help earn user trust and support the growth of the crypto industry. By regularly publishing updated proof of reserves data and providing verifiable results, we aim to strengthen user confidence. Bitget remains steadfast in upholding ethical standards and is committed to setting a benchmark for transparency across the entire cryptocurrency sector."
