Auditors Confirm $19 Billion in Bitcoin and Ethereum on Krake | Best Crypto Traders Official
Auditors Confirm $19 Billion in Bitcoin and Ethereum on Kraken's Balance Sheet
Cryptocurrency exchange Kraken has passed an audit of reserves (Proof of Reserves) by the consulting firm Armanino. The platform has $19 billion in bitcoin and Ethereum on its balance sheet, the rest of the digital assets were not taken into account. According to the press release, this amount includes $3.5 billion locked in ETH 2.0 staking.
Kraken users also have the ability to reconcile their own accounts with audit results. For this, the platform introduced a special tool.
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