#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 New York Times: Sam Altman seeks investors for Rain AI to challenge NVIDIA
On November 20th, Jinshi Data reported that according to the New York Times, sources said that Sam Altman is personally promoting Rain AI to OpenAI investors, hoping that they will provide funding support. Altman is pushing for Rain AI's upcoming $150 million second round of financing, which will bring Rain AI's valuation to about $600 million. According to reports, Altman is one of the main investors in Rain AI's $25 million seed round of financing in 2022. The latest round of financing is expected to begin next month.