#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
Data integrity solution Simple Proof based on the Bit blockchain completes Pre-Seed financing round
Odaily Planet Daily News: Simple Proof, a data integrity solution based on the BTC blockchain, announced the completion of its Pre-Seed funding round, with ego death capital and Wolf as lead investors. The specific amount of funding has not been disclosed. The company plans to use the new funds to build the Immutable Proof service and create tamper-proof digital file records based on the BTC timeline and the OpenTimestamps protocol. (Prnewswire)