#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
Viewpoint: Polymarket becomes a mainstream consumption encryption product not through token speculation, and there will be more use cases in the future.
Golden Finance reported that Nick Tomaino, founder of 1confirmation, stated on the X platform that Polymarket is the first mainstream consumer crypto product that has not relied on token speculation, and more similar products will emerge in the future. The infrastructure and user experience are ready; it only requires more visionary founders who are confident in themselves, regardless of how the public chooses. The collaboration between X and Polymarket is a huge victory for crypto assets, and Polymarket could not have succeeded without USDC on Ethereum.