Bitget Boosts Transparency with Expanded Proof of Reserves for 20+ Major Assets

Quick Summary

Bitget has significantly expanded its Bitget Proof of Reserves (PoR) system to cover 19 major assets, including BTC, ETH, and SOL. By maintaining a 122% reserve ratio across 45 consecutive reports, the exchange provides 125 million users with verifiable proof that their digital holdings are fully backed 1:1.

How Does Bitget Ensure Digital Asset Security?

Bitget Proof of Reserves serves as the cornerstone of the platform's commitment to user safety. By upgrading from four to 19 assets, Bitget now covers a vast majority of user holdings, including popular tokens like LINK, XRP, and DOGE. The platform has successfully published 45 consecutive reports since December 2022, consistently exceeding the 1:1 reserve requirement. Currently, Bitget holds 35,836.61 BTC in platform assets, ensuring that even during periods of high market volatility, user withdrawals can be met instantly.

• 122% total reserve ratio maintained across all supported assets.
• 45 monthly reports published without interruption since launch.
• 19 major assets now included in the transparency framework.

What Technologies Power Bitget's Transparency Upgrades?

The exchange utilizes Merkle Tree technology to aggregate and verify user assets with cryptographic precision. This allows for independent asset verification, where users can download Merkle hashes to confirm their specific holdings were included in the latest snapshot. This verifiable security infrastructure is designed to move beyond simple promises, offering a measurable way for traders to audit the exchange's solvency. By expanding Bitget Proof of Reserves to assets like TAO, SUI, and ONDO, the platform ensures that even niche or emerging tokens are subject to the same rigorous oversight as Bitcoin.

How Can Users Access Personal Audit Records?

Users can access the upgraded PoR page to view real-time reserve ratios and the distribution of assets across various public blockchains. The personal Proof of Assets interface provides a clear breakdown of individual holdings, offering Merkle Tree verification tools for those seeking deeper technical assurance. If an asset is currently outside the audit scope, Bitget provides clear notification markers to ensure users accurately interpret their audit results. This level of granular data access empowers the community to hold the exchange accountable for every satoshi and token held in custody.

"Users shouldn’t have to simply take our word for it, they should be able to verify their assets for themselves," said Gracy Chen, CEO of Bitget. "Proof of Reserves has been part of Bitget's transparency framework for nearly four years, and as the assets people hold on our platform become more diverse, that verification needs to expand with them. Expanding from four assets to 19 gives more users that visibility."

FF NEWS TAKE:

In a post-FTX world, Bitget Proof of Reserves is no longer a luxury—it is a baseline requirement for trust. By expanding coverage to 19 assets and maintaining a 122% ratio, Bitget is setting a high bar for the "Universal Exchange" model. This move effectively moves the needle by proving that massive scale and rigorous transparency can coexist, providing a necessary blueprint for institutional-grade crypto custody.