CoinSwitch, India's largest crypto platform, reports a 79.8% increase in total holdings in its third Proof of Reserves.
CoinSwitch, India's largest crypto platform with over 2 crore users, published its third Proof of Reserves (POR) showing a 79.8% increase in total holdings, now at Rs 3,497.22 crore. User holdings total Rs 2,774.10 crore, and the company maintains a 1:1 ratio of customer holdings in both INR and cryptocurrencies for all redemptions. Parent brand PeepalCo's assets are not included in this POR assessment.
May 23, 2024
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