#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
Project Eleven closed a $6 million funding round to develop tools to protect Bitcoin from quantum attacks
PANews reported on June 19 that Project Eleven, a company focused on post-quantum cryptography development, has completed a $6 million financing round led by Variant Fund and quantum technology investment firm Quantonation. The funds will be used to develop tools that protect digital assets such as Bitcoin from quantum computing attacks. The company's first product, Yellowpages encrypted registry, has completed a Cure 53 audit, allowing users to bind existing Bitcoin addresses to new quantum-resistant addresses without relying on on-chain activities.