#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
Gradient Network, a decentralized AI project, closed a $10 million seed round led by Pantera Capital and Multicoin Capital
According to Deep Tide TechFlow news on June 17, Gradient Network's official Twitter disclosed that the project has completed a $10 million seed round financing, led by Pantera Capital and Multicoin Capital, with participation from well-known partners such as HSG Capital and top angel investors in the AI and encryption fields.
Gradient Network is building the world's first fully decentralized AI facility, aiming to address issues such as privacy erosion, access barriers, and intelligence monopolies caused by the centralization of AI systems. The project will launch two foundational protocols: Lattica, as a universal data transmission engine, and Parallax, the world reasoning engine, both will go live this week.