#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
Crypto Attack from the German Stock Exchange! Negotiations with Institutional Investors Started! Here are the Details
Stuttgart Stock Exchange is also in talks with other institutional investors to expand its cryptocurrency trading infrastructure following successful partnerships with DZ Bank and Intesa Sanpaolo.
Stuttgart Stock Exchange Expands Crypto Trading Infrastructure, Targets More Institutional Customers
The stock exchange aims to position itself as an important infrastructure provider for banks and brokers looking to enter the crypto space.
Matthias Voelkel, CEO of Börse Stuttgart, said, "We are in talks with banks and brokers across Europe about potential collaboration in the cryptocurrency sector. Some discussions are already well advanced," in an interview.
Italian banking giant Intesa Sanpaolo recently conducted its first Bitcoin transaction using the corporate trading infrastructure of the Stuttgart Stock Exchange.
However, the most important development is the partnership with DZ Bank, which is working with Atruvia to develop a solution for 700 cooperative banks in Germany.
From this summer, these banks will allow retail customers to buy and sell Bitcoin and other cryptocurrencies, and the trading and storage operations will be carried out by the Stuttgart Stock Exchange.
"Estimates that around 10% of cooperative bank customers will be able to trade crypto are realistic," Voelkel said, adding that he expects significant participation.
Considering that cooperative banks in Germany serve more than 30 million customers, this represents a great opportunity for the Stuttgart Stock Exchange.
Currently, the Stuttgart Stock Exchange primarily serves more than 1 million individual crypto customers through the Bison trading application.
The custody division holds approximately 4.5 billion euros worth of cryptocurrencies for retail customers and offers trading for 26 cryptocurrencies with plans for further expansion in 2025.
Voelkel announced that the digital business of the stock exchange will account for 25% of total revenues in 2024. The group aims to increase these revenues in the coming years by focusing on crypto trading and custody services rather than tokenization.