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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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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👉 https://www.gate.com/campaigns/1227
- #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
Kadena is focused on RWA and tokenization business, and plans to launch a bridge between Ethereum and Cosmos
Odaily Planet Daily News Kadena announced the hiring of former DCG executive and Thiel Foundation CEO Alana Ackerman as its chief advisor. In addition, Chief Business Officer Annelise Osborne emphasized the company's commitment to RWA and tokenization, stating that the company "is in negotiations with major asset management companies to launch a wide range of institutional tokenization products." In addition to these potential financial products, Kadena's engineering team has been developing a new trap tool, including two bridges: one connecting Ethereum and Cosmos, and another focusing on zero knowledge, with other tools on the way. It is reported that Kadena's two co-founders, Stuart Popejoy and Will Martino, hope to provide a more scalable version of BTC while still using the Proof of Work Algorithm. The project has a Market Cap of 1.5 billion US dollars and has raised over 15 million US dollars in three previous rounds of financing. Osborne said the company does not intend to raise more funds, but will consider it if it is "strategic". It added: "We are still here, we are still building." (The Block)