#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
StarkWare CEO: It is expected that OPCAT will go live within 12 months, introducing ZK-rollup and other functionalities for BTC.
Odaily Planet Daily News StarkWare CEO Eli Ben Sasson said he expects OPCAT (a major upgrade to the BTC network) to go live in the next 12 months. During an interview at Devcon 2024 in Thailand, Ben-Sasson stated that the launch of OPCAT will bring a series of new features to Bitcoin, including "covenants, ZK-rollup, and L2 network". It is worth noting that the launch of OPCAT will make Starknet the first L2 network to perform local Settlement on BTC and ETH chains. (Cointelegraph)