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VICTORIA, Seychelles, April 23, 2025 /PRNewswire/ -- MEXC, a leading global cryptocurrency exchange, has significantly bolstered its reserve holdings, reporting an increase of approximately $389 million in total asset value over the past two months (as of April 21, 2025). The latest audit of MEXC's Proof of Reserves confirms that all major cryptocurrencies are backed by reserves exceeding 100%, underscoring the exchange's strong liquidity position and commitment to financial transparency.
Reserve Ratio Update Reflects Strong Growth
As of April 2025, MEXC's reserve ratios continue to demonstrate solid coverage across all major cryptocurrencies:
The updated reserve ratios highlight consistent over-collateralization, reinforcing user confidence in the platform's ability to meet withdrawal demands at any time.
Substantial Asset Growth Over Two Months
A comparison between February and April 2025 reveals a notable surge in MEXC's asset holdings, with total on-chain reserves increasing by approximately $389.1 million:
The sharp rise signals robust capital inflows during this two-month period.
Strong Capital Inflow Signals Growing Market Confidence
The substantial increase in our reserves over the past two months reflects growing confidence in MEXC's platform during recent market conditions," said Tracy Jin, COO of MEXC. "With nearly $390 million in added value to our reserves, we're not just maintaining our commitment to user security — we're strengthening it."
The latest data shows notable growth in Bitcoin and Ethereum holdings, with reserves increasing by 1,649.72 BTC and 21,264.46 ETH, respectively. At current market prices, these additions represent over $179 million in combined value, underscoring rising user activity and capital inflow.
Commitment to Transparency and Security
MEXC continues to conduct bi-monthly Proof of Reserve audits as part of its broader commitment to transparency and user trust. These regular reports allow users to independently verify that their assets are fully backed on-chain, with the latest audit confirming near-zero discrepancies between public blockchain data and platform records.
"Transparency isn't just a policy at MEXC — it's a fundamental principle guiding our operations," added Tracy Jin. "By publishing these comprehensive reserve reports every two months, we ensure our users have full visibility into the security of their assets.
Multi-layered Security Framework
MEXC safeguards user assets through a comprehensive security architecture that includes:
- 100%+ Reserve Backing: All user assets are fully backed with reserves exceeding total deposits
- Insurance Fund: Provides protection against extreme market volatility
- Regular Audits: Bi-monthly verification ensures continued compliance and transparency
- Cold Wallet Storage: The majority of user funds are held in offline, secure cold wallets to prevent unauthorized access
The Go-To Platform for Seamless Crypto Trading
In addition to implementing robust safety measures to ensure a secure trading environment, the platform offers a variety of features and services designed to enhance the user experience. These features help traders minimize costs and maximize returns. MEXC is committed to empowering traders by enabling investments across the widest range of assets, ensuring safe and seamless transactions regardless of market conditions.
- M - Most Trending Tokens: MEXC is known for its rapid token listings and diverse selection of popular tokens, helping users capitalize on emerging opportunities. To date, over 3,000 tokens have been listed on the platform.
- E - Everyday Airdrops: MEXC makes it easy for users to engage in daily airdrop events and receive substantial rewards without complex procedures. In 2024, the platform completed 2,293 airdrop events, distributing over $136 million in rewards.
- X - Xtremely Low Fees: MEXC offers highly competitive trading fees, helping users reduce costs and maximize their growth potential.
- C - Comprehensive Liquidity: Backed by strong liquidity and market depth, MEXC ensures the efficient and seamless execution of every transaction, minimizing slippage even during volatile conditions.
These features have helped MEXC attract over 36 million users, establishing it as the platform of choice for an increasing number of traders around the world.
About MEXC
Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto". Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article about cryptocurrencies does not represent MEXC's official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
VICTORIA, Seychelles, April 23, 2025 /PRNewswire/ -- MEXC, a leading global cryptocurrency exchange, has significantly bolstered its reserve holdings, reporting an increase of approximately $389 million in total asset value over the past two months (as of April 21, 2025). The latest audit of MEXC's Proof of Reserves confirms that all major cryptocurrencies are backed by reserves exceeding 100%, underscoring the exchange's strong liquidity position and commitment to financial transparency.
Reserve Ratio Update Reflects Strong Growth
As of April 2025, MEXC's reserve ratios continue to demonstrate solid coverage across all major cryptocurrencies:
The updated reserve ratios highlight consistent over-collateralization, reinforcing user confidence in the platform's ability to meet withdrawal demands at any time.
Substantial Asset Growth Over Two Months
A comparison between February and April 2025 reveals a notable surge in MEXC's asset holdings, with total on-chain reserves increasing by approximately $389.1 million:
The sharp rise signals robust capital inflows during this two-month period.
Strong Capital Inflow Signals Growing Market Confidence
The substantial increase in our reserves over the past two months reflects growing confidence in MEXC's platform during recent market conditions," said Tracy Jin, COO of MEXC. "With nearly $390 million in added value to our reserves, we're not just maintaining our commitment to user security — we're strengthening it."
The latest data shows notable growth in Bitcoin and Ethereum holdings, with reserves increasing by 1,649.72 BTC and 21,264.46 ETH, respectively. At current market prices, these additions represent over $179 million in combined value, underscoring rising user activity and capital inflow.
Commitment to Transparency and Security
MEXC continues to conduct bi-monthly Proof of Reserve audits as part of its broader commitment to transparency and user trust. These regular reports allow users to independently verify that their assets are fully backed on-chain, with the latest audit confirming near-zero discrepancies between public blockchain data and platform records.
"Transparency isn't just a policy at MEXC — it's a fundamental principle guiding our operations," added Tracy Jin. "By publishing these comprehensive reserve reports every two months, we ensure our users have full visibility into the security of their assets.
Multi-layered Security Framework
MEXC safeguards user assets through a comprehensive security architecture that includes:
The Go-To Platform for Seamless Crypto Trading
In addition to implementing robust safety measures to ensure a secure trading environment, the platform offers a variety of features and services designed to enhance the user experience. These features help traders minimize costs and maximize returns. MEXC is committed to empowering traders by enabling investments across the widest range of assets, ensuring safe and seamless transactions regardless of market conditions.
- M - Most Trending Tokens: MEXC is known for its rapid token listings and diverse selection of popular tokens, helping users capitalize on emerging opportunities. To date, over 3,000 tokens have been listed on the platform.
- E - Everyday Airdrops: MEXC makes it easy for users to engage in daily airdrop events and receive substantial rewards without complex procedures. In 2024, the platform completed 2,293 airdrop events, distributing over $136 million in rewards.
- X - Xtremely Low Fees: MEXC offers highly competitive trading fees, helping users reduce costs and maximize their growth potential.
- C - Comprehensive Liquidity: Backed by strong liquidity and market depth, MEXC ensures the efficient and seamless execution of every transaction, minimizing slippage even during volatile conditions.
These features have helped MEXC attract over 36 million users, establishing it as the platform of choice for an increasing number of traders around the world.
About MEXC
Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto". Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article about cryptocurrencies does not represent MEXC's official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MEXC Strengthens Reserve Backing with $390M Asset Increase
MEXC Strengthens Reserve Backing with $390M Asset Increase
MEXC Strengthens Reserve Backing with $390M Asset Increase
GUANGZHOU, China, Jan. 11, 2026 /PRNewswire/ -- Recently, GAC's independently developed Quark E-Drive power domain control system has achieved the world's first dual certification for deeply integrated ASIL D functional safety and information security, accredited by DAkkS, Germany's national accreditation body. The certification was evaluated and issued by SGS-CSTC Standards Technical Services Co., Ltd. (SGS), a globally recognized certification authority.
ISO 26262 is the internationally recognized core standard for automotive functional safety. Within this framework, ASIL D represents the highest automotive safety integrity level, requiring near-zero tolerance for safety-critical failures. Achieving an ASIL D certification accredited by DAkkS signifies that the certified product meets the highest globally accepted standards for automotive safety.
The certified Quark E-Drive power domain control system has been in production use since February 2025, and is now deployed across multiple models under GAC's brands - HYPTEC and AION. As the industry's first electric drive power domain system based on deep integration using a single main control chip, the solution significantly reduces chip count, minimizes risks associated with chip-level failures, and boosts motor controller efficiency to as high as 99.9%. The certification confirms that GAC has completed the system's full product development lifecycle in strict compliance with ISO 26262:2018 functional safety and ISO/SAE 21434:2021 information security standards.
Throughout the project, GAC Technology Research Center worked closely with SGS experts, strengthening safety design across all development phases while ensuring engineering feasibility and an optimal user experience.
Zhao Hui, Vice President of SGS China, commented: "The successful certification highlights GAC's strong team and robust development systems. We are pleased to support the safety of the Quark E-Drive and look forward to closer collaboration."
This milestone represents a major breakthrough for GAC in e-drive safety and sets a new global benchmark for the intelligent electric vehicle industry.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
GAC's Quark Electric Drive Achieves the World's First DAkkS ASIL D Functional Safety and Information Security Dual Certification
