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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
The Brazilian stock exchange launched Ethereum and Solana futures contracts supported by USD.
Brazil's B3 exchange has just launched futures contracts for Ethereum and Solana, marking the initial step in its plan to expand into more altcoins. These contracts are priced in USD, based on the underlying asset price on Nasdaq, aimed at attracting international investors. Each ETH contract represents 0.25% of a token, while the Solana contract is 5 SOL, payable on the last Friday of the month.
At the same time, B3 also adjusted the Bitcoin futures contract, reducing the value of each contract from 0.1 BTC to 0.01 BTC to attract domestic retail investors. Previously, B3 drew attention when it launched the world's first XRP ETF. Although Brazil is not at the forefront of altcoin futures, this move demonstrates its ambition to become a cryptocurrency hub, despite facing challenges regarding taxes imposed on both direct and indirect investments.