Foblgate, also known as Fobl, said on April 16 that an audit of its assets for the first quarter of 2026 showed it held assets equal to 100.11 percent of customer deposits.
The audit, conducted as of April 1, covered all 70 types of digital assets held by Fobl.
The audit report said Fobl had secured assets exceeding 100 percent of customer deposited assets, at 100.11 percent. It said the exchange maintained a system that can respond immediately to customer withdrawal requests.
Fobl said it stores more than 80 percent of its total assets separately in cold wallets.
A cold wallet is a security method that blocks online connections, physically protecting assets from hacking threats. It is used to strengthen user asset protection and the stability of exchange operations.
Fobl CEO Hyunjun Ahn (안현준) said, "For the digital asset market to continue growing, responsible operations that meet institutional standards are essential." He said, "Fobl will continue to steadily raise the level of asset management and internal controls and work to create a trustworthy trading environment."
Sangyeop Oh
yub@d-today.co.kr