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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
Founder of SkyBridge Capital: SOL market capitalization will surpass ETH
On June 19, Decrypt reported that Anthony Scaramucci, founder of SkyBridge Capital, said, "I think SOL will surpass ETH in market cap," while admitting that "I don't really have a particular opinion on ETH." He added, "I was a late entrant and first invested in crypto in 2020," explaining that he "didn't really start looking at Ethereum" and "not that I had a negative view of Ethereum, but that I understood the Solana story a little bit better." Scaramucci revealed that SkyBridge holds "hundreds of millions of dollars in Bitcoin and SOL" on its corporate balance sheet, and that "about 40% of our client funds are invested in digital assets," including Multicoin Capital and Brevan Howard Digital. He also mentioned that there is a fund within a fund that includes a number of digital asset funds, "We have about $300 million in so-called 'token funds' under management, which includes Solana, Avalanche, Polkadot and a lot of Bitcoin."