Binance has released its January 2024 reserve proof, showing a BTC reserve ratio of 103.79%.
According to a BlockBeats report on January 8th, Binance released its reserve proof for January 2024. The BTC reserve ratio reached 103.79%, the USDT reserve ratio reached 123.20%, and the BNB reserve ratio reached 106.04%. This data proves that Binance has funds covering all user assets 1:1 as well as additional reserves.