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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
The South Korean Ministry of Science and ICT plans to establish a Metaverse fund of approximately 40 billion Korean won this year.
According to ChainCatcher news, the South Korean Ministry of Science and ICT announced plans to raise approximately 40 billion KRW this year for a Metaverse fund to be used for investment management companies. This year's fund will include 23 billion KRW from the government (reinvestment of fund recovery) and 17 billion KRW from private sources, with a minimum scale of 40 billion KRW. Selected management companies will focus on investing in SMEs related to key foundational technologies such as XR, AI, digital twins, and Blockchain that realize Metaverse products and services, with an investment ratio exceeding 60%. In addition, to promote the AI integration of promising companies in the Metaverse, the selected management companies must also invest more than 50% in AI integration or overseas companies to continuously support active overseas expansion and exports.