#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 US government has sold the ANT Tokens seized from Alameda Research.
Golden Finance reported that, according to Arkham data, the U.S. government has sold ANT Tokens seized from Alameda Research. This is the first transfer of funds from the Wallet in nearly two years, with approximately $974,000 worth of Cryptocurrency in the Wallet. In November 2023, the Swiss non-profit organization Aragon Association voted to dissolve and sold 86,343 ETH (then valued at $155 million) in exchange for ANT Tokens. Users must redeem their ANT Tokens by November 2, 2024. After redemption, all ANT Tokens will be destroyed because 'continuing to hold ANT has no meaning from now on'.