#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
Meet48 Token(IDOL) will launch spot trading on Gate on June 11, 2025.
Gate News bot news, according to the official announcement from Gate on June 10, 2025:
Gate will launch Meet48 Token on June 11, 2025, at 20:00 ( UTC+8. The spot trading for IDOL) will be available, with the trading pair being IDOL/USDT.
Meet48 Token is a Web3 project that combines AI UGC with idol culture, having reached a strategic cooperation with SNH48. The project offers AI tools such as AI ShowBOX and MaaS, and plans to launch metaverse game content including virtual dating and dance simulation.
The IDOL token is the native token of the Meet48 ecosystem, and the project’s official website is www.meet48.xyz. The specific contract address will be announced later.
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