#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
Cryptocurrency investment application FreeBnk completes a new round of financing of $3 million, with participation from ChaiTech Ventures, etc.
Crypto investment app FreeBnk has announced the completion of a $3 million equity and token funding round, with participation from Founderheads, ChaiTech Ventures, LVT Capital and Lavender Capital. The specific valuation information has not been disclosed yet. FreeBnk's target users are crypto investment 'newbies', currently covering tokenized RWA, gas-free non-cross-chain transfers, crypto payments and lending. The new funding will be used to research and develop applications that can enhance accessibility, security and customization.