#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
Former CEO of Bridgewater Elected Senator, Flipping a Seat for the Republican Party in Pennsylvania
According to foreign media reports, David McCormick, representing the Republican Party, defeated Democratic incumbent Senator Bob Casey in the federal senatorial election in Pennsylvania. McCormick, who served as the CEO of Bridgewater Associates, graduated from West Point Military Academy and has also served in the George W. Bush administration.