#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
Avail, a modular blockchain project, establishes a foundation.
Golden Finance reported that the modular blockchain project Avail announced the establishment of a foundation in Switzerland and gradually transferred all the IP related to the Avail protocol (including Avail DA, Avail Nexus, Avail Fusion, etc.) to the Avail Foundation. The initial focus of the Avail Foundation is to cultivate and develop an ecosystem around the Avail protocol, with primary initiatives including funding, development and research, as well as education, adoption, and community engagement, aiming to help Avail become a leader in blockchain scalability and interoperability, while ensuring that everyone can enjoy the benefits of the ecosystem.