#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
Opinion: Kanye West has enough influence to drive the mainstreaming of crypto and demonstrate a genuine interest in learning
"I think Kanye West is one of the few people in the world who has enough influence to materially influence the way crypto goes mainstream, and there are many unique and novel ways to integrate crypto into his existing network," crypto KOL Ansem said in a post on the X platform. ” Ansem revealed the details of discussing crypto with Kanye, "Seriously, Kanye has shown a genuine interest in learning about cryptocurrency and how it works, and 99% of outsiders don't even care to ask questions. Responding to user comments, Ansem said, "He's really experienced being banned on different social and financial apps in a way that wouldn't have happened on a service built on crypto infrastructure. ” Previously, the well-known rapper Kanye West posted that he was learning about Bitcoin from crypto KOL Ansem.