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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Top Crypto Exchange Partners With Juventus, Token Soars 30%
Related Reading: Bitcoin Is The Plan: Metaplanet’s $210-M Bond Issuance Sends Strong Signal## WhiteBIT Goes Fino Alla Fine
On Monday, Italian football giant Juventus Football Club announced its major partnership with crypto exchange WhiteBIT to innovate and enhance the fan experience. The Turin-based club shared that Europe’s largest crypto exchange by traffic will become its Official Cryptocurrency Exchange Partner and Sleeve Partner until 2028.
The partnership is expected to strengthen Juventus’ commitment to digital transformation and explore the potential of new technologies to increase fan interaction and support long-term commercial and community objectives.
WhiteBIT's logo is displayed on Juventus' sleeve. Source: Juventus
Additionally, it will offer “exclusive digital content, innovative activations, and joint initiatives” to enhance the experience of Men’s and Women’s First Team supporters, allowing Juventus’ global fans to experience the club online and in person.
Starting at the FIFA Club World Cup 2025, the WhiteBIT logo will be visible on the sleeve of the Men’s First Team jersey for the next three seasons, with its first appearance scheduled for Wednesday, June 18, against Al Ain, a United Arab Emirates-based team.
Juventus Chief Executive Officer, Maurizio Scanavino, affirmed that the collaboration will offer fans innovative opportunities on and off the pitch:
Meanwhile, WhiteBIT’s founder and CEO, Volodymyr Nosov, considers that the partnership “marks a major milestone in our mission to make cryptocurrency more accessible to an increasingly wider audience. Together, we’ll create new, tech-driven ways to connect fans with their favourite team.”
Following the announcement, WitheBIT’s token, WBT, surged over 30% in 20 minutes, climbing from the $39.62 mark to an all-time high (ATH) of $52.27 before retracing to the $51 area.
Crypto Meets Football
The collaboration follows numerous deals between crypto firms and worldwide sports icons. WhiteBIT has been FC Barcelona’s Official Cryptocurrency Exchange Partner since 2022. It recently displayed the name of its first International Crypto Trading Cup (ICTC 2025) winner on the LED boards during El Clásico, the biggest football match between Spanish giants Real Madrid and Barcelona.
Meanwhile, Tether announced its plan to leverage its investment arm to identify and invest in sports franchises globally, aiming to integrate its artificial intelligence (AI) ventures, Bitcoin mining, and biotechnology into various sectors.
As part of these efforts, the company behind USDT, the largest stablecoin in the crypto industry, acquired a minor stake in Juventus, marking “a significant milestone in Tether’s goal of integrating stablecoins, digital assets, and human-first technology into everyday life.”
Notably, the 2024/2025 UEFA Champions League Winner, Paris Saint-Germain, announced that it added Bitcoin to its financial reserves in 2024. PSG Labs’ lead revealed that the French club converted part of its cash holdings into BTC last year and still has it on the balance sheet.
Related Reading: Bitcoin Gears Up For A Major Surge Amid Fading Whale Sentiment
WhiteBIT's performance in the three-day chart. Source: WBTUSDT on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com![]()
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