Kraken releases latest Proof of Reserves, continuing our commitment to trust through transparency
Main Idea
Kraken's June 2025 Proof of Reserves (PoR) audit confirms that client assets are backed 1:1 and beyond, demonstrating the platform's commitment to transparency and accountability.
Key Points
1. Kraken's PoR audit as of June 30, 2025, verifies 1:1 backing of client assets, covering major cryptocurrencies like BTC, ETH, SOL, USDC, and USDT.
2. The audit includes margin services and total client liabilities, not just spot balances, ensuring a comprehensive assessment of reserves.
3. Kraken uses a Merkle tree to provide cryptographic proof of reserves, allowing clients to verify their individual balances.
4. Kraken has conducted PoR audits consistently since 2014, distinguishing itself from other exchanges by its rigor and transparency.
5. The platform plans to expand PoR coverage and publish audits quarterly, reinforcing its commitment to accountability and industry-leading transparency.
Description
At Kraken, transparency isn’t a slogan – it’s a standard. Our latest Proof of Reserves (PoR) audit , finalized as of June 30, 2025 , once again verifies that client assets held on our platform are backed 1:1 and beyond. The process covers major cryptoassets, including BTC, ETH, SOL, USDC, USDT, XRP and ADA . We don’t expect blind trust. We don’t need it. We offer cryptographic evidence. New to PoR? Learn how it works in our beginner’s guide . What our June 2025 report shows Our PoR audit capture...
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