#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
BlackRock's MEAR Fund completes its first municipal bond transaction on the Block chain
BlockBeats news, on December 18th, according to Bloomberg, iShares Short Maturity Municipal Bond Active ETF (MEAR), an actively managed ETF fund under BlackRock, completed a milestone municipal bond transaction on JPMorgan's blockchain platform. The fund purchased $6.5 million worth of bonds issued by the city of Quincy, Massachusetts, making it the first municipal bond issuance and transaction fully based on blockchain technology. The MEAR fund currently manages approximately $750 million and has updated its prospectus to support bond settlement through the blockchain platform.