Binance May Proof-of-Reserves Shows 100.22% BTC Ratio

Binance’s May 2026 proof-of-reserves reports a BTC reserve ratio of 100.22%, meaning the exchange holds slightly more Bitcoin than it owes to users (about 1.0022 BTC per 1 BTC liability). The disclosure is a transparency-focused snapshot rather than a full financial audit, and Binance said other major tokens also show over 100% backing. Markets may view the release as a modest confidence boost for Binance and for broader crypto custody standards—but the piece notes the limits of snapshots (they don’t capture off‑balance‑sheet liabilities or legal encumbrances). Investors should watch for continued >100% coverage, uniform asset coverage, and independent attestation; the update sits alongside growing regulatory scrutiny and rising expectations for exchange-level disclosures.