#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
Privacy-first social protocol Rarimo completes $2.5 million Vision round of funding, with participation from Vitalik, etc.
CoinVoice has learned that the privacy-first social protocol Rarimo has announced the completion of a $2.5 million Vision round of financing, specifically for the founders. Co-founders of ETHereum Vitalik Buterin, co-founder of Celestia Nick White, co-founder of RiscZero Brian Retford, co-founder of Gnosis Stefan George, co-founder of Aleo Alex Pruden, co-founder of Monad Keone Hon, co-founder of Aztec Zac Williamson, Arnaud Schenk, co-founder of Aztec and Zcash contributor Ariel Gabizon, founder of Alpen Labs Liam Eagan, co-founder of Polygon Zero Daniel Lubarov, and co-founder of Distributed Lab Pavel Kravchenko are among the project's contributors.
According to the Web3 asset data platform RootData, Rarimo is an interoperability protocol that enables assets, identities, and dApps to operate across multiple chains, making it easier to work across different chains, allowing users to execute operations such as transferToken, stakeToken, and providing proof of ownership for Cross-Chain Interaction. The project is developed by Rarify Labs. [Original link]