Originally reported by ChainCatcher on November 12, 2026, at 14:14 (UTC+8), covering Gate’s October 2026 transparency report.
Gate said it launched Gate Money in October as part of its “One Gate, Everything Money” strategy. The service brings together banking accounts, fiat currencies, digital assets, stocks and payments. According to Gate, eligible users can open an electronic banking account in their own name online and use SWIFT to send and receive funds across borders in USD, EUR, GBP and AED. Gate also said it cut account management and withdrawal fees by 50%.
The distinction for readers exploring the service is between what Gate described as available and what remains planned. Gate said it plans to expand Gate Money to markets including Europe, Australia and Dubai and to support receipts in more than 60 local currencies; the report did not present those capabilities as already available.
For its exchange business, ChainCatcher cited CoinDesk’s monthly Exchange Review as reporting $394 billion in Gate derivatives volume in October, ranking it third among centralized exchanges. Spot volume rose 2.1% to $49.8 billion, while its increase in spot market share ranked second globally. Gate’s report also put holdings in its 闲钱宝 product above $340 million, monthly Launchpool staking above $575 million, and cumulative extra rewards from its 余币宝 product up 61.04% month over month.
Gate reported $8.688 billion in total reserves for October, up 5.7% from the previous month, and an overall reserve ratio of 118.49%. These are figures presented in its transparency report, not an independent guarantee of asset safety.
