Binance, the world’s leading cryptocurrency exchange by trading volume, has released its 30th proof of reserves report, further reinforcing transparency efforts. The report details its current asset holdings as of May 1, 2025, following increased demands from users after the FTX collapse. Key takeaways include a slight decrease in Bitcoin holdings (604,411 BTC) and Ethereum holdings (a 3.36% decline). Binance assures that all user funds are fully backed and maintains reserve ratios exceeding 100%, meaning 1:1 backing of user assets, no debt obligations, and an emergency fund to address unforeseen circumstances. This commitment to transparency aims to bolster user confidence amidst market volatility.