As a trusted exchange with 13 million users, Gate.io understands the importance of fund security. In May 2020, Gate.io became one of the earliest exchanges to implement Proof of Reserves and has since been a leader in this field. Following the FTX incident, Proof of Reserves has gained significant attention as a solution. Now, Gate.io is pleased to announce a major upgrade to 100% proof of reserves, utilizing zk-SNARK technology to enhance privacy, transparency, and authenticity, further safeguarding user funds.