#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 Signs $9B Deal with MBS Global to Establish Crypto and Blockchain Hub in Malé
The recent strategic move, the Maldives joined hands with MBS Global. This partnership is a huge $9 billion agreement to establish a crypto and blockchain hub in Malé. This innovative step is expected to change the island nation’s digital economy future. This deal isn’t just about technology development, it’s about racing with other nations’ economies. Many expect this partnership to aid Maldives in creating job opportunities across the crypto sector
Why This Deal is a Game-Changer for the Maldives
This collaboration is so much more than building infrastructure, it is a paradigmatic change in the country’s vision. Through the Maldives’ association with MBS Global, the focus is on developing a sustainable Web3 ecosystem of development, financial inclusion, and technological innovation. Geographically hemmed in for centuries, the Maldives has been nearly wholly reliant on tourism. Through this digital revolution, the country is set to diversify its economy and position itself in the fast-changing crypto sector.
The Crypto and Blockchain Hub: What to Expect
The newly announced crypto and blockchain hub will be built in the heart of Malé. And expected to include state-of-the-art facilities such as fintech labs, educational centres, and startup incubators. As the Maldives joins hands with MBS Global, experts anticipate a rise in international investment and local talent engagement. The hub will offer space for developers, regulators, and entrepreneurs to collaborate, ultimately turning Malé into a Southeast Asian centre for Web3 development and decentralized finance innovation.
A Boost for the Maldives Regional Crypto Future
This project is more than a local affair; it could have ripple effects across the region. As the Maldives joins hands with MBS Global, neighbouring nations are watching closely. The crypto future is being written not just by traditional financial powerhouses but also by nimble nations like the Maldives willing to bet on innovation. By aligning with a well-known player like MBS Global, the Maldives sends a clear message: it’s ready to lead, not follow, in the evolving digital landscape.
MBS Global’s Vision and Why It Matters
Dubai’s MBS Global is no stranger to pioneering projects in the tech space. With a reputation for building futuristic urban and digital infrastructure, the firm is bringing expertise and capital. As Maldives joins hands with MBS Global, the company is expected to bring in the best practices. Security frameworks and global partnerships that ensure the long-term viability of the crypto and blockchain hub. This venture is as much about trust as it is about technology. Maldives is banking on MBS Global’s proven track record.
The Road Ahead: Opportunities and Challenges
While excitement is high, building a crypto and blockchain hub from the ground up is not without challenges. Regulatory frameworks must be carefully crafted, talent pipelines need to be developed, and cyber infrastructure will require constant updates. As Maldives joins hands with MBS Global, it takes its first serious step into the crypto future, opening doors for youth employment, foreign investment, and global digital relevance. The island nation may soon become a surprising yet powerful name in the world of Web3.