#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
BTCstake platform Acre completes $4 million strategic financing, with participation from Draper Dragon, etc.
ChainCatcher message, according to The Block, BTCstake platform Acre completed a $4 million strategic financing, with participation from Draper Dragon, Big Brain Holdings, and Orange DAO. Acre co-founder and CEO Laura Wallendal said the financing was done in the form of future equity simple agreement and token subscription rights. Wallendal said the $90 million valuation represents the fully diluted valuation of the unreleased ACRE token.