On November 3, 2025, Gate Group released its latest proof-of-reserves report, showcasing a total reserve value of $11.67 billion as of October 28, with an overall reserve ratio of 124% across nearly 500 supported assets. This indicates the exchange holds more assets in reserves than user balances, reinforcing strong liquidity and asset coverage.
Key cryptocurrencies demonstrated increased reserve ratios: for Bitcoin (BTC), user holdings totaled 18,536 BTC, while reserves reached 24,833 BTC, resulting in an excess ratio of 33.96%, up from 33.48% the previous month. For Ethereum (ETH), user holdings were 332,801 ETH, with reserves at 419,096 ETH and an excess ratio of 25.93%, rising from 23.58%. Tether (USDT) saw user deposits of 1.33 billion USDT and reserves of 1.58 billion USDT, maintaining an excess ratio of 18.74%.
Other notable tokens included the native GT token with a reserve ratio of 150.98%, Dogecoin (DOGE) at 108.12%, and XRP at 116.66%, all exceeding the 100% threshold. This resilience comes amid broader market volatility, with Gate's reserves growing compared to the prior month.
Simultaneously, Gate Group announced the official launch of Gate Australia after registering with the Australian Transaction Reports and Analysis Centre (AUSTRAC). The expansion includes localized websites, products, and features for Australian users, integrated with security measures like SSL-encrypted connections, offline Bitcoin wallet technology, two-factor authentication, and instant deposit and withdrawal capabilities.
Dr. Han, Founder and CEO of Gate Group, highlighted the move, stating, "The official launch of Gate Australia not only represents an important step in our global compliance strategy but also underscores our long-term commitment to providing secure and trusted services for users worldwide." Gate now holds registered licenses in multiple jurisdictions, including Malta, the Bahamas, Hong Kong, Japan, Australia, and Dubai, strengthening its global compliance footprint.