#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 encryption platform TrueNorth raised $1 million, with founders from LayerZero, Virtuals, and others participating in the investment.
Gate News bot message, the encryption platform TrueNorth utilizing artificial intelligence technology has completed a $1 million Angel Round financing, with participation from founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs.
According to reports, the platform utilizes autonomous agents and real-time data to uncover opportunities in the encryption cryptocurrency space. New funds will be used to develop an encryption cryptocurrency AI engine, focusing on various operations from user intent to results.
TrueNorth's proxy technology continuously scans chain, social, macro, and project data, aiming to provide users with timely, high-signal insights, personalized to users' portfolios, trading styles, and past behaviors.
Source: Decrypt