#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 DePIN project Shaga in the Solana ecosystem has completed a $1 million Angel Round financing, with Arca leading the investment
Odaily Planet Daily News Solana ecology DePIN project Shaga announced the completion of a $1 million angel round of financing, led by Arca, with participation from Skybridge20 Ventures, Quotient Ventures, MARIN DIGITAL VENTURES, and angel investors such as Amir Haleem, founder of Helium, and Pavel Bains, co-founder and CEO of Bluzelle.