#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
Opinion: Legislation on the structure of the crypto market may drive a significant rise in Bitcoin.
BlockBeats news, on April 15, Dennis Porter, co-founder of the Satoshi Action Fund, posted on X stating, "The legislation on the structure of the crypto market will have a huge impact on the rise of Bitcoin prices. Once the bill is signed into law, the gates for capital will be fully opened, and the scale of incoming funds will be unprecedented. This is extremely favourable information for Bitcoin."