#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
SEC and Ripple submit a joint request to the appellate court to suspend the appeal process pending the district court's ruling.
On June 17, FOX Business reporter Eleanor Terrett reported that the SEC and Ripple have submitted a latest status report to the Second Circuit Court of Appeals, requesting the court to continue to stay the appeal process while awaiting the district court's ruling.