#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
gm.ai launches GM Foundation, focusing on multi-chain expansion in the future
On August 13th, Whales Market founder launched the AI project gm.ai announced the launch of the GM Foundation, whose sole mission is to reliably develop, integrate, and scale gmAI models in consumer applications. With the launch of GM Token, the official expects to build the first Solana native artificial intelligence application and empower the community with ownership and governance.