#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
Kava plans to become a DeAI blockchain and will announce its AI development roadmap in January.
On January 9th, PANews reported that L1 blockchain Kava officially announced plans to become the first DeAI (Decentralization Artificial Intelligence) blockchain by 2025, and will launch important updates in January 2025, including DeAI Lightpaper, 2025 AI development roadmap, and a product that supports users to embed AI functions into dApps. Earlier news, Kava launched the DecentralizationMemecoin Launchpad platform HARD.fun.