#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
Qatar Financial Centre launches the digital asset laboratory
Golden Finance reported that on September 14th, the Qatar Financial Centre announced the launch of the digital asset laboratory, indicating Qatar's embrace of digital assets. The Qatar Financial Centre is the leading onshore financial and business center in the region. The laboratory has a carefully selected team of 24 participants who will receive comprehensive support to develop, test, and ultimately commercialize their innovative digital solutions and services. Participants include industry giants such as ALT Realtech, Bladelabs, Polygon, and Partior. These innovators are expected to leverage Distributed Ledger Technology (DLT) to address industry-specific challenges and lead the digital transformation in various fields.