Binance, the world's largest cryptocurrency exchange, holds a substantial portfolio of digital assets. As of early 2025, the platform's total assets under management exceeded $154 billion. These assets primarily consist of a wide array of cryptocurrencies, with Bitcoin (BTC), Tether (USDT), Ethereum (ETH), and its native Binance Coin (BNB) representing the largest holdings.
To safeguard user funds, Binance employs a multi-layered security approach. This includes holding the majority of assets in offline "cold storage," implementing two-factor authentication (2FA), and maintaining a Secure Asset Fund for Users (SAFU) as an emergency insurance reserve. The exchange also regularly publishes Proof of Reserves reports to provide transparency and verify that it holds all user assets in a 1:1 ratio. These reports are typically released in the first week of each month, confirming the reserve status of major assets. This commitment to transparency and security is a cornerstone of Binance's operations, aiming to foster trust within its vast user base. $BNB
