Crypto.com Issued An Asset Reserve Certificate With Over 100% Support For All Mainstream Currencies

The cryptocurrency exchange Crypto.com issued a user asset reserve certificate audited by Mazars Group on December 9. 

BTC, ETH, USDC, USDT, XRP, DOGE, SHIB, LINK, MANA, and other prominent currencies all had more than 100% asset reserves as of 00:00:00 UTC on December 7, 2022.

Existing customers may now easily prove that Crypto.com maintains a 1:1 reserve of all client crypto assets deposited on its platform, and users can validate the assets in their account are properly backed and accessible, both for the App and the Exchange.

This initiative is an extension of our commitment to the greatest level of transparency and accountability.

Mazars is a global accounting business located in Paris, France, according to reports. Mazars USA LLP, its US affiliate, previously worked with former US President Donald Trump’s corporation. Mazars finalized Binance’s Bitcoin asset reserve certificate.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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