#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
Affected by the news of Bullish submitting an IPO application, A rose over 17% in a short period.
On June 11, influenced by the news that Bullish has submitted an IPO application, A briefly rose over 17%, currently reported at 0.701 USD. According to previous reports, Bullish, a cryptocurrency trading platform under Block.one, has secretly submitted IPO application documents to the U.S. Securities and Exchange Commission (SEC) in recent weeks.