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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
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Crypto Investors: Crypto Assets Funds Generally Face Fundraising Difficulties
BlockBeats news, on May 9th, according to The Rollup Ventures investor Andy, due to the impact of Trump's tariff policy, cryptocurrency funds are generally facing fundraising difficulties, except for a few institutions like Maven11 and Archetype. Currently, the best investment opportunities are concentrated in the $5-10 million valuation range, which has been significantly adjusted down from before. At the same time, institutional investors, considering liquidity, are more inclined to allocate assets in the public market. Andy expects that project teams able to survive the current downturn will gain development opportunities when large amounts of funds (around $25 million investment) get on board in the future.