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Breaking News: Ripple Takes The Lead In Circle Acquisition Battle, Bidding Between $9-11 Billion

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

Bitcoinist
by Bitcoinist
2 weeks ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

May 9th, Panama –Gate.io has released its latest Proof of Reserves report. As of May 8, the total value of Gate.io’s reserves stands at $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve of $2.415 billion.

Currently, the BTC reserve ratio is 137.69%, with an increase of 2,802 BTC compared to the previous period. The ETH reserve ratio is 121.36%, with an increase of 188,563 ETH, and the USDT reserve ratio is 102.63%, with an increase of 441,334,786 USDT. In addition, reserve ratios for assets such as GT, DOGE, and XRP all exceed the 100% benchmark, reaching 178.50%, 109.19%, and 116.72%, respectively.

Gate.io has always prioritized asset security and user trust, consistently advancing the innovation upgrade of its reserve audit technologies. Gate.io employs zero-knowledge technology and Merkle Tree structures, allowing users to verify whether their assets are included in the platform’s reserves without revealing any details. Combined with hot and cold wallet verification and balance snapshots, this approach completes a closed-loop of data, allowing users to independently verify their holdings through a dedicated page.

In addition, Gate.io regularly updates its reserve data and provides users with corresponding verification paths and report summaries to help them understand asset composition and reserve levels. Currently, Gate.io’s reserves cover most mainstream cryptocurrencies, equipping the platform with robust market resilience and offering strong support for stable operations and long-term growth.

Looking ahead, Gate.io will continue to leverage its strengths in transparent operations and technical adoptions, exploring new technological breakthroughs to co-create a safer and more trustworthy digital asset trading ecosystem with users worldwide.

Media Contact:
Elaine Wang at elaine.w@gate.io

Disclaimer:
This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.io/user-agreement. 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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