#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
Initia: Rena debuts and secures $3.3 million in Pre-Seed funding, launching TrustEE data AppChain
Odaily Planet Daily News Rollup interoperability protocol Initia announced that Rena has officially debuted and received a $3.3 million Pre-Seed round of financing from Lightspeed Faction and Paper Ventures. Rena's TrustEE Data AppChain helps developers build verifiable, privacy-preserving, and scalable AI applications on any Blockon-chain, all operations are guaranteed to be secure and private through a trusted execution environment (TEE). Rena is committed to providing users with AI with ownership and verifiability, promoting the development of applications in decentralized finance, games/social applications, multimodal LLM, and other fields.