#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
a16z has invested another $55 million in LayerZero with a 3-year lock-up period
ChainCatchet News: Ali Yahya, general partner of a16z, tweeted that a16z has invested an additional $55 million in the LayerZero token ZRO, with a 3-year lock-up period. Currently, ZRO is trading at $2.5, up 5.7% over the last 24 hours, with an FDV of $2.5 billion. Previously, in April 2023, a16z led a $120 million funding round for LayerZero, valuing it at $3 billion. (Source link)