#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
Techub News, 071 Labs co-founder Soobin Ryu confirmed that he will attend the 'Proof Beyond Boundaries: Hong Kong zkNight' event organized by Techub News.
The event, co-hosted by ZEROBASE TEAM and Gink, is scheduled to be held in Hong Kong on February 19, 2025. The event will bring together thought leaders, industry giants, and forward-thinking leaders in the blockchain and cryptocurrency space. ZEROBASE will host the event, aiming to explore zk technology.