#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
Ripple's acquisition target Hidden Road launches Crypto Assets OTC swap trading services in the United States.
PANews reported on May 30 that, according to Cointelegraph, Ripple's acquisition target Hidden Road has launched a crypto assets over-the-counter Swap trading service in the United States, allowing institutional investors to conduct cash settlement Block Trading. This service is operated by a UK FCA regulated entity and covers a variety of mainstream crypto assets. Ripple announced in April 2025 that it would acquire Hidden Road for $1.25 billion, and Hidden Road has obtained the US FINRA broker-dealer license and the EU MiCA license.