#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 Development History of Tokenization in US Stocks: From STO to Modern Model Evolution
Gate News bot message, according to the analysis of @Web3_Mario, the US stock tokenization market has gone through an exploration phase of synthetic asset models and centralized custody models since the concept of STO began in 2017. After stagnating during the Bear Market, the deregulation policies of the Trump administration have brought new development opportunities to the market.
Currently, the total issuance of the US stock tokenization market has reached $445.4 million, with main participants including EXOD and Backed Finance, while Ondo Finance is actively laying out in this field.
The advantages of this market lie in achieving 24-hour trading, providing low-cost US stock investment channels for non-US users, and offering space for financial innovation. At the same time, this field is facing challenges from regulatory policies and the adoption of stablecoins. In the short term, the issuance of on-chain stock tokens by listed companies and high-dividend US stock yield DeFi protocols have become the main development direction.
Source: @Web3_Mario