Gate Challenges Fintech Giants by Launching Multi-Asset Consumption and 24/7 Conversion Services
2026-10-07 23:16:21
According to CoinMeta, Gate recently announced the launch of multi-asset consumption and 24/7 conversion services. CEO Lin Han predicts that in the future, “everything” will become the new model for crypto companies. Headquartered in the Cayman Islands, Gate currently has a 24-hour trading volume of $2 billion and over 60 million users, and is entering an increasingly competitive field with the aim of transforming trading accounts into a wider range of consumer finance applications. Coinbase has expanded into investment, derivatives, and banking services, while Bybit is building a European superapp. Robinhood's UK product combines crypto with stocks, ISA, options, and futures. Lin Han states that Gate now allows users to hold and convert assets such as cash, cryptocurrencies, stocks, and gold within one account, and to make purchases using cards. He believes that all crypto companies should attract non-crypto users, as this represents the greatest potential for growth.
Source:CoinDesk
This content is for market information only and does not constitute investment advice.
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