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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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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
SEC has discussed the introduction of stake function for ETP
BlockBeats news, on February 14, according to the SEC meeting memorandum, on February 5, 2025, the staff of the encryption special action group met with representatives of Jito Labs and Multicoin Capital Management. Two main topics were discussed during the meeting: 1. The feasibility of incorporating stake functionality into ETP products on the exchange; 2. Stake mode schemes for specific encryption asset ETPs. Incorporating stake functionality into ETPs will benefit investors, more accurately reflect the value of native network assets, and allow issuers to support the security of the assets' underlying network. There are at least two feasible paths for stake mode: 1. Allowing some assets in the ETP to be staked by verified Node service providers while ensuring timely redemption; 2. Introducing liquidity stake tokens (LST) (such as JitoSOL, the stakeToken corresponding to the native Solana blockchain asset SOL), enabling all native assets to be staked.