#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
Cornell University developed a $2 rental solution for a $50,000 NFT technology.
Gate News bot message, a research team from Cornell University’s New York campus (Cornell Tech) has launched a blockchain asset temporary control technology called "Liquefaction". According to TheBlock, this technology enables temporary usage rights to others' blockchain assets under specific conditions, such as Bored Ape NFT.
In the actual demonstration, users pay 2 dollars to gain temporary access to an NFT valued at 50,000 dollars, but do not have full permissions such as selling. The research team's technical solution involves multiple Blockchain application scenarios, including DAO voting, airdrops, and loyalty points.
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