#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
The U.S. Senate is investigating Trump's Crypto Assets activities.
Golden Finance reported that Richard Blumenthal, a senior Democratic senator from the U.S. Senate, issued an inquiry letter to World Liberty Financial and Fight Fight Fight LLC on Tuesday, launching an investigation into Trump's activities in the cryptocurrency space. The investigation focuses on potential conflicts of interest related to the TRUMP Token and the WLFI (World Liberty Financial) project. Blumenthal stated that these activities may violate government ethics and federal laws, while requesting the relevant companies to provide information on ownership and financial structure.