#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
GnosisDAO Targets Corporate Finance With Acquisition of HQ.xyz, Rebranded as Gnosis HQ
GnosisDAO acquired financial platform HQ.xyz for $15 million, rebranding it as Gnosis HQ to expand enterprise-focused Web3 financial tools, the company announced this week.
GnosisDAO Acquires HQ.xyz for $15M
The acquisition positions Gnosis HQ as a dedicated platform for crypto-native and traditional businesses seeking self-custodial payment solutions. It will offer a Visa corporate card accepted at over 300 million merchants, stablecoin off-ramps for payroll and vendor payments, and integrations with accounting software like Xero and Quickbooks. Compliance features include transparent permissions and audit controls.
Gnosis HQ marks GnosisDAO’s first formal expansion into Asia, headquartered in Singapore. CEO Sharon Paul, a co-founder of regulated stablecoin issuer StratisX, and CTO Sunny Singh, formerly of Traveloka, will lead the regional push. Their expertise aims to navigate fintech regulations while scaling infrastructure across Southeast Asia.
The move addresses longstanding barriers for Web3 teams, such as payroll processing and vendor payments, which often rely on fragmented or non-compliant tools. Gnosis HQ’s stack emphasizes operational autonomy, aligning with Gnosis’ broader vision of user-owned economies through products like Gnosis Chain and Safe.
By merging self-custody with enterprise needs, GnosisDAO aims to create a unified financial ecosystem for global transactions. The team believes the platform launch highlights the growing demand for crypto-native business tools that balance usability with regulatory compliance.
Gnosis HQ will operate independently while leveraging Gnosis’ decentralized infrastructure. The deal follows Gnosis Pay’s 2024 rollout, which targeted consumer-facing self-custodial finance, completing the organization’s dual focus on individual and corporate Web3 adoption.