#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
PANews reported on June 14th that Arweave AO tweeted that AO token minting has been launched, and AR holders have started receiving AO. Before the cross-chain bridge reward starts on June 18th, 100% of the minted AO tokens will be given to AR token holders. After the cross-chain bridge reward starts, 1/3 of the AO tokens will be distributed proportionally to AR holders, and 2/3 of the AO tokens will be allocated to users who cross-chain assets to AO. Users can deposit stETH to receive token rewards, and more assets will be supported in the future. The AO tokens will be locked until about 15% of the supply is minted, which will occur around February 8, 2025.