#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
Hex Trust completes a new round of strategic financing led by Morgan Creek Digital
PANews, February 7th, digital asset custody and market services provider Hex Trust announced that it has completed a new round of strategic financing. Morgan Creek Digital led the investment, with participation from Injective. Although the specific amount of this round of financing has not been disclosed, the company has revealed that its total financing has exceeded 100 million US dollars. Hex Trust also stated that it will launch a Series C financing later this year and conduct potential strategic acquisitions. Its business currently covers Hong Kong, Singapore, Dubai, France, Italy, and other places.
It is reported that the 'Token of Love Hong Kong Music Festival' is a special event certified by Consensus HK, and the event is exclusively invitation-based, aimed at inviting industry leaders and committed to creating an efficient social experience. This event welcomes all Web3 enthusiasts to participate, and all platform users can sign up. Tickets are limited, so apply for registration to immediately check ticket eligibility.