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APIA, Samoa, April 2, 2026 /PRNewswire/ -- Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. The latest report confirms that all user balances are fully backed, with a total reserve ratio of 131% across major assets.
According to the April 2026 Proof of Reserves, Phemex maintains overcollateralized reserves across key cryptocurrencies, including BTC at 133.11%, ETH at 141.61%, USDT at 103.61%, and SOL at 155.62%. All reported assets exceed a 100% reserve ratio, indicating that user liabilities are fully covered and assets remain accessible at all times.
Phemex's Proof of Reserves uses a Merkle tree-based verification model, enabling users to independently confirm that their balances are included in the platform's total liabilities while preserving data integrity and privacy. This cryptographic approach allows for transparent verification without exposing individual account data.
Federico Variola, CEO of Phemex, commented: "Being user-first, in practice, means giving users clear visibility into how their assets are held and managed. Publishing Proof of Reserves on a consistent basis is part of that approach, ensuring transparency is built into the system rather than treated as a one-time check. It's about creating a platform where users can operate with confidence, knowing the fundamentals are in place."
By releasing Proof of Reserves on a recurring monthly basis, Phemex provides a verifiable view into platform solvency and reserve backing. The April 2026 update continues this practice, supporting greater accountability and measurable transparency in the digital asset ecosystem. Ongoing investments in infrastructure, system stability, and user experience aim to ensure that traders can manage assets, execute trades, and access funds without friction.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For more information, please visit: https://phemex.com/
APIA, Samoa, April 2, 2026 /PRNewswire/ -- Phemex, a user-first crypto exchange, announced the release of its April 2026 Proof of Reserves (PoR), reinforcing its commitment to transparency, asset backing, and user fund security. The latest report confirms that all user balances are fully backed, with a total reserve ratio of 131% across major assets.
According to the April 2026 Proof of Reserves, Phemex maintains overcollateralized reserves across key cryptocurrencies, including BTC at 133.11%, ETH at 141.61%, USDT at 103.61%, and SOL at 155.62%. All reported assets exceed a 100% reserve ratio, indicating that user liabilities are fully covered and assets remain accessible at all times.
Phemex's Proof of Reserves uses a Merkle tree-based verification model, enabling users to independently confirm that their balances are included in the platform's total liabilities while preserving data integrity and privacy. This cryptographic approach allows for transparent verification without exposing individual account data.
Federico Variola, CEO of Phemex, commented: "Being user-first, in practice, means giving users clear visibility into how their assets are held and managed. Publishing Proof of Reserves on a consistent basis is part of that approach, ensuring transparency is built into the system rather than treated as a one-time check. It's about creating a platform where users can operate with confidence, knowing the fundamentals are in place."
By releasing Proof of Reserves on a recurring monthly basis, Phemex provides a verifiable view into platform solvency and reserve backing. The April 2026 update continues this practice, supporting greater accountability and measurable transparency in the digital asset ecosystem. Ongoing investments in infrastructure, system stability, and user experience aim to ensure that traders can manage assets, execute trades, and access funds without friction.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. With a forward-thinking approach and a commitment to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving opportunities for traders at every level to grow and succeed.
For more information, please visit: https://phemex.com/
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Phemex Publishes April 2026 Proof of Reserves, Reporting 131% Total Reserve Ratio
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MILAN, April 2, 2026 /PRNewswire/ -- Kohler, in partnership with Richard Christiansen, founder of Flamingo Estate, presents a multi-sensory installation at Milan Design Week that invites visitors into an elemental world where architecture, landscape, and serenity are conceived as a single, interdependent experience, acting as conduits for contemplation and renewal.
Set within the courtyard of the Padiglione d'Arte Contemporanea during Fuorisalone, the exhibition is anchored by a bold brutalist bathhouse that takes design cues from the prominent bathhouse nestled in the California hills of the Flamingo Estate property and showcases a new expression of an iconic Kohler freestanding enameled cast iron bath with a true metal shroud, strikingly presented in copper.
The tranquil showpiece draws its palette from weathered metals and elemental surfaces, as though it has emerged organically from its surroundings rather than being imposed upon them. Rising from a meadow of untamed wildflowers, the installation reflects a design philosophy rooted in reciprocity with nature.
The Flamingo Estate Bathhouse by Kohler elevates bathing into a restorative experience and a place of ritual and retreat, one that slows the body, quiets the mind, and heightens awareness of light, water, and material. At the center is the new Kohler Reverie enameled cast iron bath featuring a true metal copper shroud, bringing architectural precision and elemental richness to a heritage material while expanding its design language. The bath becomes the luminous heart of the space with its warm surfaces catching sunlight filtered through oversized stained-glass windows, while 200 Flamingo Estate candles adorn the bathhouse walls, enhancing the glow and deepening the sense of peaceful reflection.
The copper-clad form shown in Milan embodies Kohler's 153 years of genuine craftsmanship while signaling a bold new chapter in material innovation, where legacy techniques of forming, welding, and finishing done by hand, meet contemporary artistry to shape the future of bathing design.
Nestled throughout the wild garden are four one-of-a-kind pollinator baths – a concept conceived by Christiansen, designed by Kohler, and cast in its historic Wisconsin, USA foundry. Each uniquely formed vessel extends the installation narrative of reciprocity between human craft and the natural world, acting as sanctuaries for birds, bees, and other pollinating species. Through materials made to endure and gestures that support biodiversity, the pollinator baths reflect Kohler and Flamingo Estate's shared belief that sustainable living and wellbeing emerge when design honors the rhythms, needs, and poetic intelligence of nature.
The immersive collaborative setting emphasizes a passion for craft, culture, and way of living that finds sustainability in restraint and enduring wellness through communion with nature.
The Flamingo Estate Bathhouse by Kohler will be unveiled during FuoriSalone at the Padiglione d'Arte Contemporanea, Via Palestro 14, 20121 Milan, Italy. The installation will be open to the public from Tuesday, April 21st through Sunday, April 26th, with hours as follows: Tuesday, 12:00–7:00 PM; Wednesday, 12:00–4:00 PM and 8:00–10:00 PM; Thursday through Saturday, 12:00–10:00 PM; and Sunday, 12:00–6:00 PM.
For imagery and more information, access the press kit here.
About Kohler Co.
For more than 150 years, Kohler Co. has been a global leader in bold design and innovation, dedicated to helping people live gracious, healthy, and sustainable lives through its kitchen and bath products; luxury cabinetry, tile, and lighting; wellness products and services; and luxury hospitality experiences and major championship golf. Privately held Kohler Co. was founded in 1873 and is headquartered in Kohler, Wisconsin. The company also develops sustainable living solutions to enhance the quality of life for current and future generations. Its Innovation for Good platform addresses pressing issues, such as clean water and safe sanitation, with breakthrough products and services for underserved communities. David Kohler serves as Chair and CEO and represents the fourth generation of Kohler family leadership.
About Flamingo Estate
Settled in the 1940s high atop the hills of Los Angeles, Flamingo Estate throughout its history has been a hedonistic enclave of sun-worship, folk mythologies, and psychedelic remedies — a secret haven for wild alchemy in the City of Angels. Now, Flamingo Estate is the home of Richard Christiansen, and, in the spirit of its origins, a radical celebration of pleasure from the garden. We carefully cultivate Mother Nature's wildest, most precious gifts, at a time when we need them most. Championing the idea that Mother Nature is the last great luxury house, and sourcing rare ingredients from over 125 farms and collaborators. Instead of commodity ingredients, our goal is to get as close to the raw, natural material as possible, and to be able to trace each ingredient back to the farmer who planted it. Creating nutrient-dense rituals for daily pleasure, with Mother Nature as the guide.
Media Contacts:
Kohler PR | Jillian.rosone@kohler.com
Sutton Communications | Kohler@suttoncomms.com
MILAN, April 2, 2026 /PRNewswire/ -- Kohler, in partnership with Richard Christiansen, founder of Flamingo Estate, presents a multi-sensory installation at Milan Design Week that invites visitors into an elemental world where architecture, landscape, and serenity are conceived as a single, interdependent experience, acting as conduits for contemplation and renewal.
Set within the courtyard of the Padiglione d'Arte Contemporanea during Fuorisalone, the exhibition is anchored by a bold brutalist bathhouse that takes design cues from the prominent bathhouse nestled in the California hills of the Flamingo Estate property and showcases a new expression of an iconic Kohler freestanding enameled cast iron bath with a true metal shroud, strikingly presented in copper.
The tranquil showpiece draws its palette from weathered metals and elemental surfaces, as though it has emerged organically from its surroundings rather than being imposed upon them. Rising from a meadow of untamed wildflowers, the installation reflects a design philosophy rooted in reciprocity with nature.
The Flamingo Estate Bathhouse by Kohler elevates bathing into a restorative experience and a place of ritual and retreat, one that slows the body, quiets the mind, and heightens awareness of light, water, and material. At the center is the new Kohler Reverie enameled cast iron bath featuring a true metal copper shroud, bringing architectural precision and elemental richness to a heritage material while expanding its design language. The bath becomes the luminous heart of the space with its warm surfaces catching sunlight filtered through oversized stained-glass windows, while 200 Flamingo Estate candles adorn the bathhouse walls, enhancing the glow and deepening the sense of peaceful reflection.
The copper-clad form shown in Milan embodies Kohler's 153 years of genuine craftsmanship while signaling a bold new chapter in material innovation, where legacy techniques of forming, welding, and finishing done by hand, meet contemporary artistry to shape the future of bathing design.
Nestled throughout the wild garden are four one-of-a-kind pollinator baths – a concept conceived by Christiansen, designed by Kohler, and cast in its historic Wisconsin, USA foundry. Each uniquely formed vessel extends the installation narrative of reciprocity between human craft and the natural world, acting as sanctuaries for birds, bees, and other pollinating species. Through materials made to endure and gestures that support biodiversity, the pollinator baths reflect Kohler and Flamingo Estate's shared belief that sustainable living and wellbeing emerge when design honors the rhythms, needs, and poetic intelligence of nature.
The immersive collaborative setting emphasizes a passion for craft, culture, and way of living that finds sustainability in restraint and enduring wellness through communion with nature.
The Flamingo Estate Bathhouse by Kohler will be unveiled during FuoriSalone at the Padiglione d'Arte Contemporanea, Via Palestro 14, 20121 Milan, Italy. The installation will be open to the public from Tuesday, April 21st through Sunday, April 26th, with hours as follows: Tuesday, 12:00–7:00 PM; Wednesday, 12:00–4:00 PM and 8:00–10:00 PM; Thursday through Saturday, 12:00–10:00 PM; and Sunday, 12:00–6:00 PM.
For imagery and more information, access the press kit here.
About Kohler Co.
For more than 150 years, Kohler Co. has been a global leader in bold design and innovation, dedicated to helping people live gracious, healthy, and sustainable lives through its kitchen and bath products; luxury cabinetry, tile, and lighting; wellness products and services; and luxury hospitality experiences and major championship golf. Privately held Kohler Co. was founded in 1873 and is headquartered in Kohler, Wisconsin. The company also develops sustainable living solutions to enhance the quality of life for current and future generations. Its Innovation for Good platform addresses pressing issues, such as clean water and safe sanitation, with breakthrough products and services for underserved communities. David Kohler serves as Chair and CEO and represents the fourth generation of Kohler family leadership.
About Flamingo Estate
Settled in the 1940s high atop the hills of Los Angeles, Flamingo Estate throughout its history has been a hedonistic enclave of sun-worship, folk mythologies, and psychedelic remedies — a secret haven for wild alchemy in the City of Angels. Now, Flamingo Estate is the home of Richard Christiansen, and, in the spirit of its origins, a radical celebration of pleasure from the garden. We carefully cultivate Mother Nature's wildest, most precious gifts, at a time when we need them most. Championing the idea that Mother Nature is the last great luxury house, and sourcing rare ingredients from over 125 farms and collaborators. Instead of commodity ingredients, our goal is to get as close to the raw, natural material as possible, and to be able to trace each ingredient back to the farmer who planted it. Creating nutrient-dense rituals for daily pleasure, with Mother Nature as the guide.
Media Contacts:
Kohler PR | Jillian.rosone@kohler.com
Sutton Communications | Kohler@suttoncomms.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
The Flamingo Estate Bathhouse by Kohler Debuts as a Nature‑Infused Wellness Sanctuary at Milan Design Week 2026
The Flamingo Estate Bathhouse by Kohler Debuts as a Nature‑Infused Wellness Sanctuary at Milan Design Week 2026
The Flamingo Estate Bathhouse by Kohler Debuts as a Nature‑Infused Wellness Sanctuary at Milan Design Week 2026
