#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
Ontology launches $10 million fund to drive decentralized identifier innovation and adoption
PANews reported on April 17 that, according to Chainwire, Ontology announced the launch of a $10 million fund, which is distributed in the form of ONT and ONG Token, aiming to accelerate the adoption, education, and development of decentralized identifier (DID) solutions. The program aims to foster innovation in four key areas: DID education, ONT ID technology tutorials, ONT ID adoption, and ONT ID-based building.