#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
Golden Finance reported that Rennick Palley, founding partner of the encryption fund Stratos, stated that the popularity of meme tokens is mainly due to the re-entry of Asian traders into the market, with most meme token prices rising significantly during the Asian trading session (midnight US time). This is a subsequent effect of the ETH ETF craze and the US regulatory shift towards greater support for cryptocurrencies.