#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
Treasure Chain will close on May 30th, and users need to withdraw their assets in advance.
According to BlockBeats news on May 6, in an official announcement, Treasure Chain will close on May 30, 2025. Asset holders must redeem all ETH, MAGIC, SMOL, and NFT holdings by the end of May. Previously, it was reported that Treasure is facing restructuring due to a financial crisis and will terminate game operations and Treasure Chain.