In a significant move to bolster transparency and user confidence, VALR has proudly announced the successful completion of a Proof of Reserves (PoR) audit. The audit was conducted and completed in August 2025 by Hacken, a leading cybersecurity and blockchain security auditor.
What is a Proof of Reserves Audit
A Proof of Reserves audit is an independent verification process designed to confirm that a cryptocurrency exchange holds the assets it claims to hold on behalf of its customers.
Think of it as a financial health check-up. The process involves three key steps:
1. Verification of Liabilities: The auditor checks the total crypto assets owed to all customers by examining a cryptographically signed snapshot of customer balances.
Why VALR Chose to Undergo This Audit
VALR’s core mission has always been to build a robust, secure, and trustworthy gateway into the digital asset economy. In an industry where transparency is paramount, VALR proactively sought this audit to provide its growing user base with tangible, data-driven proof of its commitment to security and solvency.
The decision to partner with Hacken, a globally respected firm with a rigorous auditing methodology, was intentional. It underscores VALR's dedication to working with top-tier partners to validate its operations to the highest international standards.
This audit is a clear message to our customers and the broader market: trust is not just a word at VALR, it's a principle we prove with action. By voluntarily undergoing this rigorous audit with Hacken, we are providing an unparalleled level of assurance that customer funds on VALR are fully backed and secure.
Why This Proof of Reserves Audit is Important
The completion of this audit is a critical milestone for VALR and its community for several reasons:
Enhanced Trust and Transparency: It moves beyond promises to provide verifiable, on-chain proof that VALR is operating responsibly.
User Assurance: Customers can trade and hold assets on VALR with greater confidence, knowing the exchange holds the necessary reserves to honour all withdrawals.
Industry Leadership: In a region and an industry still building widespread trust, VALR is setting a new standard for operational transparency and accountability.
Risk Mitigation: It demonstrates VALR’s robust financial management and its resilience against scenarios that have impacted other, less secure platforms in the past.
VALR is committed to exploring ways to integrate transparency measures into its ongoing operations and will keep its community informed of any future developments regarding periodic audits or real-time verification tools.
For more information, users can view the official audit report on the Hacken website:
https://hacken.io/audits/valr/
https://hacken.io/audits/valr/por-valr-one-time-jul2025/