#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 transform into DeAI Blockchain by 2025
Jinse Caijing reported that the L1 public chain Kava announced plans to transform into the first Decentralization Artificial Intelligence (DeAI) blockchain by 2025. Kava will release three important updates in January: the DeAI light white paper, the 2025 AI development roadmap, and a product that supports developers to embed AI functionality in dApp.