What are proof of reserves audits and how do they work?
Crypto Custodians Generate Public Attestation of their Cryptocurrency Holdings through Proof of Reserve Audits to Demonstrate Their Creditworthiness to depositors.
![What are proof of reserves audits and how do they work?](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1434/https://s3. cointelegraph.com/storage/uploads/view/dc1b27f2de04c184564c236151d2a4c6.jpeg)
![What are proof of reserves audits and how do they work?](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kYzFiMjdmMmRlMDRjMTg0NTY0YzIzNjE1MWQyYTRjNi5qcGVn.jpeg?#)
Crypto Custodians Generate Public Attestation of their Cryptocurrency Holdings through Proof of Reserve Audits to Demonstrate Their Creditworthiness to depositors.
![What are proof of reserves audits and how do they work?](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1434/https://s3. cointelegraph.com/storage/uploads/view/dc1b27f2de04c184564c236151d2a4c6.jpeg)
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