CoinSwitch, India’s largest crypto platform, has reaffirmed its commitment to transparency and trust with the release of its fifth Proof of Reserves (PoR) report. The report, which confirms that CoinSwitch holds more assets than the total amount held by its users, underscores the company’s focus on investor protection and prudent liquidity management. As of March 31, 2025, CoinSwitch’s total reserves stood at ₹2,764.20 crore, surpassing customer holdings of ₹2,138.64 crore, creating a surplus of ₹625.56 crore.
The platform’s Proof of Reserves (PoR) ensures that every rupee and crypto held by users is fully backed by the company, maintaining a 1:1 or higher ratio. CoinSwitch’s assets under management (AUM) currently stand at ₹2,880 crore, driven by a favorable market environment, including a notable increase in Bitcoin’s price from ₹57 lakh to ₹80 lakh in late 2024.
Kolkata, a fast-growing crypto hub, is among the top Tier-2 cities embracing digital investments. The city saw 80% of investor portfolios reporting profitability, reflecting an engaged and strategic investor base. This success rate is one of the highest in India, further solidifying CoinSwitch’s appeal in smaller towns and metro areas alike. With this PoR, CoinSwitch continues to lead by example in bringing transparency and security to India’s crypto ecosystem, offering complete visibility and real-time verification through blockchain explorers.