#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
Institutions like the Solana Policy Institute submitted a proposal to the SEC for blockchain securities trading.
According to Gate.io News bot, Wu said that the Solana Policy Institute, Superstate Inc., and Orca Creative jointly submitted a proposal named "Project Open" to the U.S. Securities and Exchange Commission (SEC).
The proposal aims to conduct securities issuance and trading activities through public blockchain infrastructure. The specific plan includes: registering equity in the form of Token Shares, establishing a whitelist of wallet addresses that have undergone KYC and educational training, using blockchain to record the shareholder register, establishing a non-custodial or compliant custodial wallet structure, implementing an instant settlement mechanism, and conducting peer-to-peer transactions based on smart contracts.