Indian cryptocurrency exchange CoinSwitch releases proof of reserves, with total assets in custodial wallets valued at approximately $113 million

ChainCatcher news, according to Indian media Money Control, Indian cryptocurrency exchange CoinSwitch has released proof of reserves. As of January 6th, 10:30 AM Beijing time, the total asset value of its custodial wallets is approximately ₹9,339.2 million (about $112.99 million), accounting for 86.2% of all user assets under custody, with the exchange's total assets being approximately ₹1,496.2 million (about $18 million). (source link)