#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 cooperation news, SOVRN rose more than 170% in 24 hours.
BlockBeats news, on January 7th, according to market information, SOVRN surged over 170% in 24 hours, with a Market Cap of 1.769 billion US dollars. Prior to this, Virtuals Protocol and Sovrun established a joint venture entity ReadyGamer, focusing on the integration of AI and games.