#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
FTX adds Payoneer as the third client asset distributor.
On June 11, Sunil, a representative of FTX creditors, tweeted that FTX announced the addition of a third customer asset distribution service provider, Payoneer, which will be used for future customer asset distribution following CEX and Bitgo. Payoneer is a fintech company that provides cross-border payments, digital payment services, and working capital, currently supporting 190 countries.