At Kraken, transparency is not a slogan – it is a standard. Our last Prepence of reserves (POR) Auditfinalized from June 30, 2025Once again check that the assets of customers held on our platform are supported in 1: 1 and beyond. The process covers the main cryptocurrencies, including BTC, ETH, SOL, USDC, USDT, XRP and ADA.
We do not expect blind confidence. We don’t need it. We offer cryptographic evidence.
New on por? Find out how it works in our beginner guide.
What our June 2025 report shows
Our por audit captures a complete snapshot of customer assets in all services – not just punctual balances. He understands Margin accounts, long -term assets and milestone activeOffering an overview of the full -spectrum customer exhibition.
Reserve ratios on June 30, 2025
A quick refreshment – What is proof of reserves?
Proof of reserves is a cryptographic process that allows customers to check, independently and in private, that their assets are included in an instant in instant of third parties audit the passive of the platform.
We use a Merkle tree To combine individual sales in a single cryptographic hash. Customers receive a Personalized Merkle Proofthat they can use to confirm the inclusion without revealing personal details. An independent auditor then confirms that Kraken Onchain Holdings exceeds the total sales of customers – Effective verification of complete reserves without hypotheses.
Why the Kraken por goes further
Although more exchanges now offer “Pors” in one form or another, not all offer the same level of rigor or transparency. Here is what distinguishes ours:
1. We take into account the liabilities, not just assets
Some platforms show what they hold – but jump what they need. We include Total customer authorization In each audit. Nothing less is not complete proof of the reserves.
2. User verification
Each client can Check their own inclusion Using our Merkle Open Source verification tool. It is not only a question of confidence – it is a question of verification.
3. A decade of consistency
We first launched POR in 2014 – And we did not stop. Kraken leads regularly and methodicallyNot only during information cycles.
Por is vital. These are not promises. It’s about evidence – Visible proof, cryptographic and verified by third parties. The Kraken process is designed to withstand a meticulous examination and empower users with information.
What is the next – expansion of the scope
We are committed to publishing Pors quarterlyAlongside our financial disclosure, to ensure that users have a regular window on the solvency of platforms. We also actively work to extend the cover of our Pors to include more active supportedgiving a broader vision of reserves through our ecosystem.
From the start, Kraken has been held to Values of responsibility, independence and cryptocurrency. We believe that transparency should be an industry standard, not a reflection afterwards. This is why we will continue to raise the bar.
Ready to check your account? Visit our proof of reserves portal.
