Gate Founder Sees Everyday Services Eventually Outgrowing Trading

Gate founder and CEO Dr. Han expects payment and everyday-use services to become a bigger business than trading over time, outlining a shift for a platform whose largest revenue source remains exchange activity.

Trading remains Gate’s largest revenue source, while payments account for a very small share, Han said. “From the current perspective, trading revenue still holds the largest share,” he said. Gate Pay is growing, but Han said it has not yet reached a broad base of everyday users. He expects payment-related and everyday-use businesses eventually to outgrow trading, with users adopting those services gradually.

The strategy is taking shape in Gate Money, which Gate introduced at TOKEN2049 in Singapore on Oct. 7. The app brings digital assets, fiat currencies, stocks, exchange-traded funds, gold, bank accounts and payment features into one service. Users can activate it through Gate App version 8.39.0. Feature availability differs across regions based on licensing and local rules.

Han described the service as a way for customers to keep assets, receive or send money and make routine payments without trading frequently. He said it can give existing traders more ways to use their accounts while also addressing the needs of customers with less interest in active trading.

Adding traditional financial assets requires relationships with brokerages, clearing firms and custodians, Han said. Gate needs those connections to support products beyond its crypto exchange offerings, making financial-industry partnerships part of the expansion.

Han said the company had to reconsider how its app serves people outside Gate’s established audience. Earlier design assumptions based on existing users led to an experience that some overseas customers found too complicated. He described that as a product-design challenge as Gate works to serve customers with different habits.

Tokenized stocks bring a separate issue: Han said extending trading access beyond standard market hours may have limited appeal if activity remains thin outside those sessions. Longer access hours alone do not address low trading activity during those periods.

Han said Gate hopes to double its user base within one to two years as it develops a broader role for everyday financial services alongside trading.