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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
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- #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
MicroStrategy model on Solana: 1 billion dollar plan
DeFi Development Company, which has joined the ranks of publicly traded companies moving towards the Solana network, has filed a $1 billion shelf offering with the Securities and Exchange Commission (SEC) (.
Shelf offering allows companies to sell their stock or debt securities over time as needed. According to the application of the DeFi Development Company, the sale of various stocks, preferred shares, bonds, and similar securities is planned for the future. The terms and prices of the sale will be determined prior to each offering.
The company rebranded last week and took the name DeFi Development Company ), previously known as Janover(, and increased its investments in the Solana ecosystem. The company currently holds approximately 34 million dollars worth of SOL.
The company's strategy is based on generating active income by purchasing both SOL and staking tokens, similar to MicroStrategy's Bitcoin investment model.
While waiting for the SEC approval, JNVR shares gained about 5% in value after the news.
Published: April 26, 2025 12:52