#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
Animoca Brands to Establish Identity Layer of Moca Network in Partnership with Soneium
Animoca Brands, a well-known Web3 platform dealing with digital property rights as well as open metaverse, has started a new collaboration with Soneium, an Ethereum L2 blockchain to bridge Web3 and Web2 technologies. The partnership focuses on integrating the identity infrastructure of Moca Network into Soneium blockchain. The platform disclosed this development on its official social media account.
Animoca Brands Joins Forces with Soneium to Enhance User Experience
The partnership between Animoca Brands and Soneium intends to improve consumer engagement and strengthen Soneium partners to release and validate digital credentials. In this respect, Soneium is incorporating the Moca Network’s infrastructure for identity, beginning with decentralized identifier, reputation layer, and Anime ID built by San FranTokyo. Additionally, the inclusion of the Account, Identity, and Reputation SDK of Moca Network will boost Soneium ecosystem.
This integration will permit the consumers to uphold embedded accounts, latest identities, as well as credentials. In addition to this, they will also be able to explore diverse decentralized applications on the platform. The Anime ID will play the role of the earliest reputation layer and DID to utilize AIR SDK. Hence, it will improve user interactions and anime-related experiences on Soneium.
Apart from that, San FranTokyo will partner with Animoca Brands for the release of Soneium-based cultural campaigns inspired by anime. These endeavors will assist bridge anime culture, solutions concerning digital identity, and blockchain technology. With this, new opportunities will emerge to expand user participation and engagement.
Solidifying Anime Enthusiasts to Engage with Latest Anime-Inspired Experiences
Soneium leverages this collaboration to foritfy innovation in technology and creativity. The partnership also pays considerable attention to connectivity as well as shared experiences to establish an unparalleled digital ecosystem. According to Animoca Brands, this initiative both the entities will collaborate, onboard, and strengthen anime enthusiasts to engage with cutting-edge anime-inspired experiences.