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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
Japanese clothing retailer Mac House plans to invest up to 1.715 billion yen to purchase encryption assets.
On June 19, CoinDesk reported that Mac House, a nationwide clothing chain retailer in Japan, announced that it had completed the financing through the issuance of new share subscription rights to third parties, and decided to use up to 1.715 billion yen (about $11.78 million) of the funds raised to purchase crypto assets such as Bitcoin (BTC). The actual amount of the financing was 2.391 billion yen, exceeding the original estimate of 1.476 billion yen. The company explained that the reason for the excess financing was that the average exercise price of the new share option exceeded expectations, driven by a positive market reaction. All of this excess funds of 915 million yen will be used to purchase additional crypto assets.