#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
Citigroup has downgraded its rating on the U.S. stock market to neutral.
On April 14, Jin10 reported that Citigroup's equity strategy analysts have downgraded the rating on the US stock market, stating that recent developments such as DeepSeek, the European fiscal stance, and trade tensions have reinforced their view on diversifying investments outside the US market. "From the perspectives of GDP and EPS, the driving factors of the 'exception thesis' are fading," said Beata Manthey and other strategists from the bank as they downgraded the US stock market rating from overweight to neutral. Citigroup noted that the US market remains relatively expensive, and the trend of EPS downgrades is intensifying.