#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
Parallel EVM public chain Artela is about to launch, and its development roadmap will be released in Singapore.
BlockBeats news, on September 19th, at the Token2049 event held by parallel EVM L1 Blockchain Artela in Singapore, Artela announced that its Mainnet will be launched in the fourth quarter of 2024 and released the development roadmap. Artela plans to initiate the initial community Airdrop after the Mainnet is launched in Q4 2024, announce the first batch of ecological projects launched on the Mainnet, and start Token delegation for validatorsNode. In the first half of 2025, Artela plans to complete the parallelization of EVM, launch the Artela Frontier developer incubation project, and the second phase of the community Token distribution plan. In the second half of 2025, Artela will launch full-stack parallelization, modularize its core innovation Aspect, and launch innovative ecosystem applications for EVM++, followed by entering the third phase of the community Token distribution plan. Earlier, Artela launched the Artela Renaissance testnet on May 20, with over 1.93 million on-chain Addresses participating in interactions.