#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
EIGEN displays resilience as Eigen Labs unveils EigenCloud to enrich blockchain verifiability
Eigen Labs confirmed releasing the EigenCloud platform, designed to bring blockchain-grade verifiability to any off or on-chain applications.
The launch comes after almost a year of development and research, and it aims to solve one of the top challenges in the crypto arena – making trust programmable and verifiable at scale.
The native EIGEN coin powers the new platform. EigenCloud incorporates high-end developer tools, including EigenVerify, EigenCompute, and EigenDA. These will empower developers to create functional and provably correct applications.
According to Eigen Labs CEO Sreeram Kannan:
a16z bets $70M to accelerate the verifiable infrastructure
Meanwhile, EigenCloud’s alphas version goes live this week and coincides with a16z crypto buying EIGEN tokens worth $70 million.
The massive purchase follows the company’s $100 million investment in early 2024, raising approximately $253 million in total.
The massive funding reflects unwavering confidence in Eigen Labs.
Messari
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a16z crypto has purchased $70M in EIGEN from the Eigen Foundation.
They previously led Eigen’s $100M Series B in 2024.
Eigen has raised $235M in total.
6:34 PM · Jun 17, 2025
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A16z’s investment reflects increased interest in Eigen Layer’s token-centered financial model as EigenCloud guarantees fresh fees that can sustain staking incentives.
Meanwhile, the new investment will accelerate EigenCloud’s commercialization and support AVSs (autonomous verifiable services) on EigenLayer.
The transformative EigenCloud: why is it unique?
Eigen Labs’ latest release brings something that the blockchain sector has highly sought after – using crypto-economic guarantees to verify off-chain computation, logic, and agreements.
EigenCloud differs from traditional cloud services and other blockchain networks as it makes verifiability a built-in feature.
Developers can leverage EigenVerify to remove misbehaving nodes and resolve disputes.
Also, EigneCompute supports general-purpose tasks that still use layer1-like security guarantees.
These features enable developers to build high-stake applications in industries that demand trust and truth, including media, artificial intelligence, medical records, and legal agreements.
Introducing programmable trust in Ethereum re-staking
EigenCloud integrates general-purpose computing, dispute resolution, and data availability into a single developer-centric platform.
Developers can leverage cryptography technology to prove off-chain occurrences using trust guarantees traditionally earmarked for on-chain actions.
Re-staking has gained traction in kick-starting decentralized infrastructures.
Eigen layer allows Ethereum investors to re-stake their ETH tokens to access third-party services (AVSs).
EigenCloud wants to take the game to another level, and with assets worth over $12 billion staked on EigenLayers and more than 200 AVSs, its momentum is undeniable.
Ethereum co-founder Joe Lubin stated:
These developments signals increased utility and demand for EIGEN, which could mean impressive growth in the coming times.
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