#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
Unto Labs completed a $14.4 million financing to develop a new type of Blockchain based on RISC-V.
PANews April 29 news, according to Fortune, Unto Labs announced the completion of a $14.4 million financing led by Framework Ventures and Electric Capital, with a valuation of $140 million. Unto is developing its own Blockchain and self-developed Virtual Machine ThruVM, based on the RISC-V architecture, aiming to enhance compatibility with traditional hardware and drop the entry barriers for non-encryption developers. The funds will be used to expand the team size and accelerate product development.