Gate used TOKEN2049 Singapore 2026 as the stage for its most significant product overhaul in years. The exchange introduced Gate Money, a unified account that brings digital assets, fiat, stocks, ETFs, gold and bank accounts together inside a single app, and announced a crypto-linked Visa card planned for more than 40 markets. Alongside the product news, Gate disclosed total reserves of $8.215 billion with a 127% coverage ratio, while DefiLlama data places the platform among the leading centralized exchanges by net inflows and open interest. Taken together, the announcements sketch a company working to reposition itself from a trading venue into an everyday financial platform.

Gate Money and the Visa Card

Gate Money is built around the slogan “One Gate, Everything Money.” Eligible users can open a global electronic bank account in their own name through the Gate app, then receive funds, convert currencies, transfer money, invest and pay from the same account. The feature is activated by updating the app to version v8.39.0. One capability Gate emphasizes is the ability to spend against held assets—including stocks—without selling them first.

The Visa partnership extends this model into payments. Gate says the crypto-linked card can be applied for and managed within the app, works online and in stores wherever Visa is accepted, and automatically converts crypto to fiat at the point of sale. Visa's network spans more than 175 million merchant locations across over 200 countries and territories. Nischint Sanghavi, Visa's Head of Digital Currencies for APAC, described the aim as connecting new forms of value to established payment infrastructure. Crypto-linked cards have become a common bridge between exchange balances and everyday spending, and the pace of Gate's rollout across the announced 40-plus markets will be one practical measure of how the strategy moves from announcement to availability.

Strategy, Security and Compliance

At a press conference held at Raffles Hotel Singapore on October 8, Gate Founder and CEO Dr. Han laid out the company's direction. In an interview with CoinDesk, he said all-in-one financial apps could become one of crypto's biggest consumer trends this year and next, describing the opportunity as turning crypto into a basic function of an everyday financial account.

Dr. Han named three priorities for the next three years: digital asset trading, Gate Money, and stocks and other asset services. Trading remains the core business, with continued investment across spot, derivatives and on-chain products, while Gate Money will develop fund management, payments, transfers and multi-currency accounts. He also said Gate Money should reduce cross-border transfer costs, and pointed to stablecoins, on-chain payments and digital securities as forces reshaping financial infrastructure.

On security, Dr. Han called security and compliance the “two cornerstones” of long-term development. Gate says it is strengthening access controls, risk monitoring, transaction controls and risk segregation across business lines. As of August 19, 2026, its Proof of Reserves showed $8.215 billion in total reserves and a 127% coverage ratio, above the 100% industry benchmark. Reserve disclosures became a baseline transparency practice across major exchanges after the 2022 collapse of FTX, making coverage ratios a standard yardstick for comparing platform solvency claims. The licensing footprint cited includes:

• a MiCA crypto-asset service license (the European Union's Markets in Crypto-Assets framework) and a PSD2 Payment Institution license in Malta
• a full VARA license in Dubai
• registration in Australia
• locally compliant entities in markets such as Japan
• 37 state-level Money Transmitter Licenses held by Gate US, which serves customers across 47 U.S. states and territories

Gate says its compliance coverage spans 81 regulated jurisdictions.

Gate Gala and Conference Appearances

On the evening of October 8, Gate hosted its Gala Awards Dinner at Raffles Singapore, with Tencent Cloud as title sponsor. The event marked Gate's 13th anniversary, and the company says it now serves more than 61 million users. Nearly 300 founders, institutional representatives, investors, builders and content creators attended. Dr. Han delivered a keynote, toasted the launch of Gate Money and discussed asset growth. He cited declining cash purchasing power, management costs and professional barriers as user challenges, and said Gate Money lets users apply for Earn and Staking within the same account.

Gate Futures CEO Brian Reisbeck gave a keynote titled “Building Gate in the USA.” He brings more than 20 years of experience in financial crime prevention and regulatory strategy, including roles at a global digital asset exchange and at Robinhood. He described Gate Futures as a wholly owned subsidiary of Gate US and said the unit will keep strengthening compliance, risk management and trading infrastructure for the derivatives market.

The gala's awards recognized nearly 70 individuals and partners across three categories: “Voices of Influence,” “Growth & Ecosystem” and “Impact & Honors.” The honorees covered areas ranging from KOL outreach and channel development to institutional services, media, capital, compliance and risk management. Tencent Cloud representatives presented some of the awards.

Gate executives also appeared at two other events. On October 8, Executive Director Edwin Cheung joined the Hack Seasons Conference panel “The Payment Rails of 2030,” alongside representatives of Mercuryo, Mastercard, Hashgraph and Nethermind. He said wallets, exchanges, stablecoins, blockchains and AI agents are entering the payment ecosystem, and added that Gate has partnerships with multiple banks and financial institutions and is building a global payment network. On October 9, he moderated “Financial Products Tokenization: Stocks, Bonds, T-Bills, MMFs” at the RWA Summit, where the discussion covered how traditional products are moving toward on-chain issuance and transfer.

Market Data

DefiLlama figures place Gate near the top of several exchange rankings:

• Net inflows: Over 24 hours, OKX led with $32.7 million, followed by Gate with $22.38 million. Over one month, Gate ranks third with about $126 million, and it recorded roughly $138 million over seven days. The platform was positive across all three periods.
• Open interest: Over 24 hours, Binance leads with $33.225 billion, followed by Bybit with $13.986 billion and Gate with $13.247 billion.

Net inflows track the balance of assets moving on and off an exchange, while open interest measures outstanding derivatives positions — both are widely used gauges of platform scale, and Gate's readings place it alongside the industry's largest venues.

Earn, Trading and Launchpool Campaigns

Gate's promotional calendar is full. Phase 2 of the Idle Earn × Simple Earn event is live. Idle Earn runs from September 27 to October 27 (UTC). Users with net deposits of at least 10,000 USDT receive a 1% bonus APR, for a total of 4%, while deposits of 50,000 USDT earn a 2% bonus, for a total of 5%. Both tiers apply to a maximum principal of 50,000 USDT. Simple Earn runs from September 28 to October 28 (UTC). VIP 3–VIP 14 users with cumulative net deposits of at least 100,000 USDT can subscribe to the USDT 7-day fixed-term product, receiving a 7.3% bonus on top of the 3.7% base APR for up to 11% on up to 100,000 USDT.

Gate Futures Points Airdrop Round 152 runs from 10:00 to 15:59 (UTC) on October 9 on a first-come, first-served basis, with two pools:

• Pool 1: 15 points redeem 0.015 SPYG. Eligibility requires a balance of 120 points, decreasing to 90, or more.
• Pool 2: 20 points redeem a 100 USDT position trial voucher, with a minimum balance of 40 points.

The Gate WCTC S9 Global Trading Competition opens registration at 08:00 UTC on October 9 and closes at 08:00 on October 26, with trading running from October 26 to November 25. The prize pool reaches up to 6,000,000 USDT, unlocking with participation volume across Spot, ETF, Convert, Stocks, Futures and TradFi. Components include:

• a Squad Competition of up to 3.2 million USDT
• an Individual Competition of up to 400,000 USDT
• a BTC/USDT Event Contracts Battle with 5-minute prediction rounds
• the 725,000 USDT Lucky Launchpad
• a 1,000,000 USDT Ecosystem Trading Carnival
• a 275,000 USDT pool for new traders and squad activity

Five Launchpool projects are also live: BLKHION, CT, GT, XAUT and LAPTOP. The highest APRs are 313.06% on the LAPTOP pool and 187.64% on a BLKHION pool, while other pools offer single-digit returns:

• BLKHION: 30,400 BLKHION in rewards, with APRs of 6.67% (USDT), 187.64% (BLKGRWON) and 134.90% (MAG7XON)
• CT: 1,000,000 CT in rewards, with APRs of 6.57% (USDT), 86.43% (CT) and 2.91% (GT)
• GT: 18,400 GT in rewards, with APRs of 4.47% (ETH) and 2.85% (BTC)
• XAUT: 34 XAUT in rewards, with APRs of 6.62% (USDT), 9.99% (XAUT) and 6.94% (GT)
• LAPTOP: 1,289,608 LAPTOP in rewards, with APRs of 313.06% (LAPTOP) and 2.27% (BTC)

Source: Metaverse Post