CoinSwitch released its proof of reserves (PoR) on Monday.
CoinDCX was the first Indian crypto exchange to release its proof of reserves.
CoinSwitch, a cryptocurrency trading platform, has released its proof of reserves, revealing that the total value of user assets held as of January 6, 2023, is approximately $131.096 million, or 1,083.45 crores. Amounts held in the wallets indicated total about $112.99 million, or 933.83 crores. 
Reveals $131.09 Million in Assets
On November 24, CoinDCX was the first Indian cryptocurrency exchange to release its proof of reserves. This comes just weeks after Binance, the world’s largest crypto exchange, revealed its proof of reserves in November. Along with a complete list of wallet addresses, the PoR includes an asset and liabilities balance for both the on-chain and off-chain. 
Ashish Singhal, co-founder and CEO, CoinSwitch stated:
 In 2023 we will aim to give you access to all information, good or bad. This year we will go the extra mile to m

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