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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
Qiaqia Food: The third major category is in incubation, hoping to become one of the top two in the peanut subcategory.
Jin10 Data reported on May 19 that Qiaqia Food recently stated at the 2024 Annual Shareholders' Meeting that the company's medium to short-term strategy still focuses on nuts and melon seeds, with the third major category in incubation, such as peanut fruit, which has a large market capacity. Currently, there is no large brand with a very high market share, and in the future, they hope to become one of the top two in this niche category. In addition, the company's fresh-cut French fries have generated several tens of millions in revenue within less than a year of launch. For konjac products, they will first trial sales overseas, as the company's brand and channels have certain advantages abroad. The company's overseas development strategy is one country, one policy, continuously promoting the expansion of overseas channels and new products.