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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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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
Maple Finance launches Stablecoin lending service supported by stETH for institutions.
Maple Finance has added stETH to the list of collateral assets for stablecoin loans for institutions, allowing them to access liquidity without giving up staking rewards. This helps institutional clients unlock liquidity without needing to withdraw their staked ETH positions, providing flexibility in operations.
Stablecoin loans backed by stETH help meet liquidity demands for trading, generate yields, and facilitate other strategic financial moves, while still maintaining the staking yield of ETH.
Kean Gilbert from the Lido Ecosystem Fund stated that Maple's support for stETH provides valuable liquidity solutions, highlighting the role of liquid staking tokens in modern fund management. This development demonstrates the trend of traditional financial institutions and crypto embracing decentralized solutions to optimize financial efficiency.