#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
Ant Group launched the Jovay Layer 2 Blockchain in Dubai, promoting the construction of RWA financing infrastructure.
According to Gate.io News bot, it was reported by Wu that Ant Group is scheduled to hold the first RWA REAL UP Summit in Dubai on April 30, 2025. At the summit, Ant Group will launch Jovay Layer 2 Blockchain, which will be used to build financing infrastructure for real-world assets (RWA).
At the same time, Ant Group launched the DTVM Stack smart contract platform based on a large model, which has been open-sourced and supports the Ethereum-compatible ecosystem.
Ant Group is promoting the application of AI and Blockchain technology in the financial and green energy sectors through its international headquarters in Hong Kong and the Middle East hub in Dubai, including transforming green energy facilities such as solar energy into on-chain tradable assets.