#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
Xinghu Technology: Tie Xiaorong reduces holdings by 2.88% of the company's shares
On June 12, Jin10 reported that Xinghu Technology announced that its shareholder, Tie Xiaorong, along with its concerted actor Yipin Group, collectively holds 235 million shares, accounting for 14.15% of the company's total share capital. From April 21, 2025, to June 11, 2025, Tie Xiaorong reduced his holdings in the company by a total of 47.8949 million shares through centralized bidding and Block Trading, accounting for 2.88% of the company's total share capital. The price range for the reduction was 7.46 to 7.89 yuan/share, with a total reduction amount of 366 million yuan. As of the announcement date, Tie Xiaorong holds 62.3348 million shares in the company, accounting for 3.75% of the company's total share capital.