Gate Heads to TOKEN2049 With New Product Reveal as CMO Predicts the End of 'Crypto Exchanges'
Key Takeaways
- β’Gate Founder and CEO Dr. Han is scheduled to unveil a new product and the company's development roadmap at an October 8 press conference at Raffles Singapore during TOKEN2049, followed by a keynote on the main stage.
- β’Gate CMO Kyle Chiu predicted at CoinFerenceX on October 6 that the 'crypto exchange' category will cease to exist by 2027 as the industry converges with stocks, payments, and other financial services.
- β’Gate completed its Q3 2026 on-chain burn of 1,987,321.24 GT valued at more than $22.35 million, bringing cumulative burns to 191,934,541 GT and cutting total supply by approximately 63.98%.
- β’Gate Europe secured MiCA authorization ahead of the July 1 deadline, expanded to roughly 190 assets and 382 spot pairs, and passed a PCI DSS v4.0.1 Level 1 assessment on September 15.
- β’Gate will host 'RACING THE FUTURE Vol 3' at the Singapore F1 circuit on October 8 with Red Bull Racing CEO Laurent Mekies, along with a fan meetup featuring Max Verstappen and Isack Hadjar.

Gate is set for a busy week in Singapore. On October 8, during TOKEN2049 Singapore 2026, the exchange will hold a press conference at Raffles Singapore, where Founder and CEO Dr. Han is expected to unveil a new product alongside the company's development roadmap. He is slated to explain the product's background and positioning, discuss the next phase of financial services, and take media questions on business development, product, and industry trends. Later the same day, Dr. Han will deliver a keynote on the TOKEN2049 main stage. Gate will also run a booth and a lounge at the conference and host the Gate Gala Awards Dinner.
The announcement will come against a backdrop of Gate expanding beyond a conventional crypto-exchange offering: its recent activity has included pre-IPO share distribution, stock and ETF access, token products, and European payment services. The press conference and keynote are therefore set to provide the company's next stated details on how those activities fit into its development roadmap.
A pointed forecast preceded the event. Speaking on October 6 at CoinFerenceX, Gate CMO Kyle Chiu joined the closing panel "The Next Cycle: Bold Predictions for 2027." Chiu argued that as the industry converges with stocks, payments, and other financial services, the "crypto exchange" category will disappear. "By 2027, the category of 'crypto exchanges' will cease to exist," he said. "There will only be exchanges."
The company's recent product activity points in the same direction. On October 3, Gate Pre-IPOs executed the third unlock for its SpaceX (SPCX) product, distributing listed-company shares directly into users' Gate stock accounts. Gate describes itself as the first platform in the industry to support Pre-IPO share unlocks with direct distribution.
F1 Hospitality Alongside the Conference
Beyond the conference agenda, Gate will host "RACING THE FUTURE Vol 3" at the Singapore F1 circuit on October 8. The invite-only event will bring VIPs and high-net-worth clients together with Laurent Mekies, CEO and Team Principal of Red Bull Racing, who is set to discuss the team's strategy, race operations, and behind-the-scenes stories. Gate is an official sponsor of Oracle Red Bull Racing and frames the gathering as part of its effort to connect digital assets with global sports and mainstream culture. The company will also hold a fan meetup at the Gate Lounge with Max Verstappen and teammate Isack Hadjar, featuring autograph signings and photos.
Market Data: Net Inflows and the GT Burn
Gate appeared twice in DefiLlama's 24-hour net inflow rankings for centralized exchanges. In one snapshot, the exchange ranked first with roughly $46.03 million, ahead of Bybit at $44.38 million and Crypto.com at $37.66 million. In a later snapshot, Binance led with $63.25 million, followed by Gate at $44.14 million and Bitfinex at $37.52 million.
Separately, Gate completed its Q3 2026 on-chain burn of GateToken (GT), sending a total of 1,987,321.2431520 GT, valued at more than $22.35 million, to the burn address. Cumulative burns now stand at 191,934,541 GT, worth over $1.504 billion at quarterly average prices, cutting total supply by approximately 63.98% from the initial 300 million.
GT is the native asset of Gate Chain, where it serves for gas fees and on-chain transfers. The burn announcement also noted price gains of 32.49% over 30 days and 63.63% over 90 days, and cited more than 61 million users, over 5,300 listed crypto assets, and more than 12,800 stocks and ETFs on the platform. GT's utility is expected to broaden with Gate Perp DEX, Gate Fun, and Gate Meme Go.
Europe: MiCA Compliance and Liquidity
Gate Europe is leaning on its regulatory standing now that the EU's MiCA transitional period has ended. According to U.Today, the platform secured MiCA authorization ahead of the July 1 deadline and now serves the European Economic Area through passporting. Between June 16 and September 22, it added at least 68 spot pairs, bringing its offering to roughly 190 assets and 382 pairs. The same report, citing CASP Tracker, noted that as of September 28, 84 of the world's 100 largest exchanges still lacked MiCA authorization.
On September 15, Gate Europe passed a PCI DSS v4.0.1 Level 1 assessment covering Gate Connect and Gate Card. CEO Dr. Giovanni Cunti said security and compliance are central to trusted payment services in Europe.
Liquidity metrics improved as well. Between September 14 and 27, order-book depth within 0.1% of the mid-price rose about 14% for BTC/USDC, reaching $1.32 million, and about 12% for ETH/USDC, reaching $555,000. DefiLlama's MiCA exchange data placed Gate Europe's spot depth within 2% of the mid-price at $15.9 million, ahead of other platforms over the same period.
BeInCrypto's guide to European trading platforms also named Gate Europe among the options suited to low-cost spot trading and euro access. The guide cited MiCA authorization from the Malta Financial Services Authority, a standard 0.1% spot fee, SEPA transfers, and support for USDT-to-USDC migration. Gate Europe holds both MiCA and Payment Institution licenses.
Products and Promotions
Gate listed three new futures products, each offering trading bots, copy trading, and 1β10x leverage:
- HOOKED: a MEME launchpad supporting programmable trading rules.
- HOOKR: the utility token of Hookr.fun, a programmable token issuance protocol built on Robinhood Chain.
- AGENCY: a USDT-margined perpetual for a Solana-based launchpad that equips token launches with AI agents and automated vaults.
Launchpool staking rates have shifted between updates. The pool for GT rewards totals 18,400 GT, split evenly between ETH and BTC pools. In the earlier snapshot, ETH offered 5.31% APR with about 15,682 ETH staked, while BTC offered 3.15% with about 868 BTC staked. In the later snapshot, ETH's rate fell to 4.28% with about 19,711 ETH staked, and BTC's to 3.00% with about 968 BTC.
The CT Launchpool, carrying 1,000,000 CT in rewards, showed CT staking APRs of 123.49% and then 92.79%, while its USDT and GT pools offered 7.69% and 4.91%, and then 5.98% and 3.38%, respectively. The XAUT Launchpool ranged from 6.32% to 7.45% for USDT staking, 10.96% to 11.18% for XAUT, and 6.56% to 6.81% for GT. The LAPTOP pool posted the highest rates, with LAPTOP staking at 270.83% and then 284.46%, and its BTC pool near 2%.
Gate Futures Points Airdrop Phase 150 was open for redemption on October 5 from 10:00 to 15:59 UTC on a first-come, first-served basis. One pool allowed users to exchange 15 Futures Points for 0.016 QQQG, while a second, available to users holding at least 40 points, offered a 100 USDT position voucher for 20 points. Rewards were expected within roughly an hour of redemption.