HTX says it has kept its core assets fully backed for 38 straight months, according to its newly released 2025 Proof of Reserves (PoR) annual report. The exchange highlighted several key takeaways: - HTX maintained a 100% reserve ratio for all core assets for 38 consecutive months, with historical reserve snapshots verifiable on-chain via Merkle Tree audits. - User USDT balances on the platform surged 154% in 2025, rising from roughly 695 million USDT in January to about 1.765 billion USDT by December—an increase the company attributed to net capital inflows over the year. - Bitcoin holdings were reported as stable throughout 2025, while HTX said it ranked first among major centralized exchanges for growth through November 2025. - The company broadened PoR coverage to include additional assets such as USDC and WLFI and reiterated its “100% Redemption” policy, which it says allows users to withdraw assets at any time. - HTX, founded in 2013, operates as a multi-jurisdictional digital asset exchange offering spot trading, derivatives, research and investment services. HTX also pointed users to its public PoR page, where the exchange says reserve data can be independently verified on-chain. The report underscores HTX’s emphasis on transparency and liquidity as it builds market share amid growing user deposits. Read more AI-generated news on: undefined/news
