#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
Ford Motor Company becomes an advisor to the Cardano Blockchain project Lagon, focusing on legal data security.
[Golden Finance] According to reports, Ford Motor Company announced that it will serve as an advisor for Lagon, a decentralized cloud service based on the Cardano Blockchain. This collaboration marks another move by the automotive giant into the blockchain space, as Ford will work with legal tech company CloudCourt on a proof of concept (PoC) project, focusing on the digitization and security of legal data. The plan aims to address a long-standing issue faced by large enterprises: managing and protecting sensitive legal documents such as court records, testimonies, and compliance reports. The project combines Cardano Blockchain with AI technology to provide immutable audit trails for legal documents under a zero-trust architecture.