He Yi: Encrypted asset reserve audit and listed financial audit are different concepts. Binance also hopes that the Big Four will be willing to audit encrypted assets

He Yi, the co-founder and CMO of Binance, and the head of Binance Labs, participated in the online chat at the "POW'ER 2023 Hong Kong Web3 Innovators Summit" and said that in the future, Binance will publicly reserve most of the coins. "Crypto assets Reserve audit and listed financial audit are not the same thing. Listed financial audit is another concept. At present, only Coinbase, a listed company in the industry, has conducted a listed financial audit. The four major accounting firms are currently not very motivated to do encrypted asset audits. Ann also hopes that there are audit companies willing to conduct audits."