#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
France announces 109 billion euros investment in artificial intelligence
French President Macron announced that the French AI industry will receive private investments of 109 billion euros (approximately 112.6 billion US dollars). Macron described this investment as similar to the US $500 billion AI investment project 'Stargate'. It is reported that the French investment will include contributions from the United Arab Emirates, US, and Canadian investment funds, as well as the participation of French companies such as Iliad, Orange, and Thales. The United Arab Emirates plans to invest 30 to 50 billion euros in France to build a 1 GW AI data center. Mistral, an AI company headquartered in Paris, announced plans to invest billions of euros to build its own data center in France. (Jinshi)