#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
Premier Art Holdings and Chintai jointly launch a $50 million art tokenization fund
PANews December 6th news, according to Beincrypto, Premier Art Holdings Ltd. and Block chain platform Chintai announced the launch of a $50 million tokenization art project - The Premier Art Token (TPAT). The project will provide fractional ownership of top artworks through Chintai's white label tokenization technology, making traditionally scarce art assets more accessible. The first batch of $50 million TPAT will be available to accredited investors, with pre-sales starting in December 2024.