Binance's proof of reserves system adds 11 new tokens, with a total of 24 assets exceeding $63 billion in both total amount and reserves

ChainCatcher news, Binance has announced that it has added another 11 tokens to its Proof of Reserves (PoR) system, including MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. The total amount of 24 assets currently verified through Binance's PoR system has now exceeded $630 million, with Binance reserves exceeding $63 billion.

Binance stated that user funds are always collateralized at a 1:1 ratio, plus additional reserves. (Source link)