#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
Spire Labs, Ethereum's expansion infrastructure, raises $7 million in seed funding.
Spire Labs, the infrastructure developer for Ethereum expansion, has raised $7 million in seed funding, led by Maven 11 Capital and Anagram. Other participating companies include a16z Crypto Startup Accelerator, Digital Currency Group, Bankless Ventures, Volt Capital, Finality Capital, etc. Angel investors also participated, including Nick White and Jacob Arluck from Celestia Labs, and Amrit Kumar and Anthony Sassano from AltLayer, according to Jinse Finance. 01928374656574839201