Gate.io’s Reserves Hit $10.9B—$2.4B More Than Needed (Yes, They’re Actually Proving It)

BTCC / BTCC Square / Beincrypto /

Author:

Release Time:

2025-05-09 11:31:13

Gate.io Releases Latest Proof of Reserves Report: Total Reserves Reach $10.865 Billion, with $2.415 Billion in Excess Reserves

Crypto exchange Gate.io just dropped its latest proof-of-reserves audit—and the numbers are juicier than a Wall Street bonus pool. Total holdings: $10.865 billion. Excess reserves? A cool $2.415 billion cushion.

Who said transparency was dead in crypto? While traditional banks play hide-and-seek with balance sheets, Gate.io’s throwing down verifiable assets like a high-stakes poker player. Take that, fractional reserve banking.

Funny how ’proof of reserves’ became an actual selling point post-2022. Next up: exchanges bragging about not stealing customer funds. Progress!

By:

Log in to Reply

CryptoQuant CEO Declares Bitcoin Cycle Theory Dead—TradFi Now Holds the Reins

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.