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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Zhuhai Huafa Group issued 1.4 billion RMB digital bonds in Hong Kong, the first Chinese digital bonds issuance in Hong Kong
Shenzhen TechFlow news, on January 16, China's state-owned enterprise Zhuhai Huafa Group issued 1.4 billion RMB (approximately 190 million USD) digital bonds in Hong Kong on December 23, which is the first Chinese digital bond issued in Hong Kong. The bond was issued through HSBC's Orion digital asset platform, which is operated by the Central Securities Depository (CMU) in Hong Kong.
The three-year, 4.5% digital bond is dual-listed on the Hong Kong Stock Exchange and the Macau Stock Exchange. Investors can trade through HKEX's Southbound Trading, Euroclear and Euroclear/Clearstream. Fitch has assigned a BBB rating to the bond. United Ratings International positions the issuance as part of its plan to internationalise the renminbi and develop the offshore renminbi market.