Cryptocurrency exchange Kraken has announced the results of its second Proof of Reserves audit in 2022, which has now expanded to include assets such as BTC, ETH, USDT, USDC, XRP, ADA, and DOT.
Its audit scope adds five cryptocurrencies USDT, USDC, XRP, ADA and DOT, expanding the verification scope of Kraken customer balances to 63% of total assets held on Kraken (including spot exchanges and staking platforms).
The company said it plans to continue to include more assets in future proof-of-reserve audits.