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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Prenetics sells its genomic medicine business and plans to explore Bitcoin treasury management strategies.
On June 18, according to the official announcement, consumer health sciences company Prenetics (NASDAQ: PRE) announced that it has reached a definitive agreement to transfer its ownership of its genomic medicine business ACT Genomics Holdings to Delta Electronics (TWSE: 2308), with a total transaction value of up to $71.78 million, and Prenetics is expected to receive about $46 million in cash. Upon completion of the transaction, the company will increase its cash reserves to $86 million and short-term assets of $117 million, while maintaining zero debt. CEO Danny Yeung said that the abundant cash reserves will allow the company to explore innovative financial strategies such as digital assets and bitcoin treasury management.