Gate bets all-in-one money app is crypto’s biggest consumer trend this year and next
Gate exchange is launching a new 'Gate Money' app to transition from a crypto-only platform into an all-in-one financial super app. The service will allow users to manage cash, stocks, gold, and cryptocurrencies within a single account.
Why it matters
This reflects a broader industry trend where crypto exchanges are attempting to capture mainstream consumer finance markets by mimicking traditional banking and investment platforms.
AIによる翻訳 2 分で読む Make preferred on 共有 この記事を共有 リンクをコピー X icon X (Twitter) LinkedIn Facebook メール Make preferred on Gate founder Lin Han believes the next biggest crypto consumer trend will be super apps. (Olivier Acuna/CoinDesk) 要約 表示 Gate is joining a growing push by crypto exchanges to become all-in-one finance apps, as rivals including Coinbase, Binance, Bybit and Robinhood expand beyond digital-asset trading. The exchange’s new Gate Money app will let users hold and convert cash, cryptocurrencies, stocks, gold and other assets in one account, then spend from those holdings with a card. Gate founder Lin Han said the company is targeting mainstream consumers, particularly in Asia, but did not explain how it would price or execute asset conversions when underlying markets are closed.
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