#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
Ansem: Ye has the global reach to drive the mainstreaming of cryptocurrency
Odaily Ansem posted on social platforms that Ye (Kanye West) is one of the few people in the world who can substantially promote the mainstream adoption of cryptocurrencies. Ansem believes that Ye can leverage its large influence and existing business, social networks to integrate cryptocurrencies into it in a unique and innovative way, which could accelerate the growth of the crypto industry.