#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
AI-driven Metaverse technology platform Peer completes $10.5 million in new funding
On March 19, PANews reported that Peer Global Inc. completed a new round of financing of $10.5 million, bringing its total investment to $65 million. The financing was led by the Tommy Mai family office and will be used to expand Peer's development team, enhance its artificial intelligence capabilities, and improve its metaverse platform. According to the introduction, Peer is a technology platform that integrates artificial intelligence to create interactive digital environments. The company has launched 3D personal planets, allowing users to create and customize digital spaces for social interaction. Peer's metaverse engine provides developers with tools to build AI-generated digital environments. Peer's monetization strategy includes virtual property sales, where users can purchase and personalize digital spaces.