#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
Maldives Ventures into $9 Billion Crypto Hub Construction to Boost Investments: Report
The Maldives is constructing a groundbreaking $9 billion cryptocurrency hub to become a global leader in the digital asset industry. This strategic move aims to position the island nation as a key player in the growing crypto market. The initiative is expected to attract significant investment from both local and international players, boosting the Maldives’ economy and creating new job opportunities for its citizens.
The Maldives government is leveraging its unique geographical location and progressive regulatory framework to attract crypto companies and investors to establish a presence in the country. By offering a conducive environment for innovation and growth, the Maldives is signaling its commitment to embracing emerging technologies and diversifying its economy.
The cryptocurrency hub in the Maldives is set to include state-of-the-art infrastructure, cutting-edge technology, and world-class amenities to cater to the needs of crypto businesses and individuals. This initiative is a testament to the Maldives’ vision for the future and its determination to become a global hub for digital assets and blockchain technology.
With the construction of the $9 billion crypto hub, the Maldives is poised to capitalize on the opportunities presented by the rapidly evolving crypto market. By creating a welcoming environment for crypto companies and investors, the Maldives is positioning itself as a leading destination for innovation and investment in the digital asset space.
Overall, the Maldives’ ambitious plans to build a $9 billion cryptocurrency hub represent a significant step towards establishing itself as a prominent player in the global crypto ecosystem. As the project progresses, the Maldives is set to attract more attention from the crypto community and solidify its position as a key player in the digital asset industry.
This article was originally published as Maldives Ventures into $9 Billion Crypto Hub Construction to Boost Investments: Report on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.