Gate.io's total reserves in May reached 6.49 billion USD, with additional reserves of 863 million USD

According to ChainCatcher news, in an official announcement, Gate.io released the latest reserve report for May. The data shows that as of May 20, 2024, the total reserves of Gate.io reached $6.49 billion, with a reserve ratio of 115.34%. Among them, the BTC reserve ratio is 116.55%, ETH is 113.43%, USDT is 105.47%, and USDC is 102.65%. At the same time, the additional reserve amount is $863 million.

It is reported that Gate.io currently covers 209 types of digital assets in its reserves, an increase of 20 types from before, with each asset's reserve ratio exceeding 100%. Users can verify the reserve status of their accounts and deposits on the 100% reserve page.