#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
The TON ecosystem EVM-compatible project TAC has completed a $11.5 million financing and will expand DeFi services through the Telegram interface.
On June 18, blockchain project TAC announced that it had raised a total of $11.5 million in seed and strategic rounds, with the latest $5 million strategic round led by Hack VC. The project aims to provide EVM-compatible DeFi infrastructure for the TON and Telegram ecosystems, and plans to gradually open up features through a phased mainnet launch. TAC has developed a Telegram mini-API that allows traditional users to use DeFi services directly within the messaging software.