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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Puran Shares: The direct impact of AI headset-related business on the company is uncertain.
Jinshi data news on December 13th, the company noticed that the recent "AI headset concept" has received high follow-up in the market. The company explains the relevant situation as follows: General NOR Flash products can be widely used in the wearable market such as headphones, watches, wristbands, as well as toys, smart AIOT and other terminal products. As a supplier of general NOR Flash storage chips, the company supplies Bluetooth, audio, WIFI and other SoC main control chip manufacturers, and the terminals cover many consumer electronic brand customers. However, since the company provides general chips, it is usually the SoC main control chip manufacturers who design customized solutions for terminal brand customers, and the company does not directly participate in the design of the solutions. The direct impact of the relevant business on the company is uncertain.