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Gate and Bank Frick have reached a strategic partnership to launch multi-currency fiat deposit and withdrawal services.
Global leading digital asset trading platform Gate has announced a strategic partnership with Bank Frick in Liechtenstein, launching fiat deposit and withdrawal services for institutional clients across multiple jurisdictions. This collaboration aims to provide institutional clients with a convenient gateway to access mainstream fiat currencies, initially supporting several major fiat currencies, with plans for broader global service expansion to be announced soon.
Bank Frick has over 25 years of development history and is renowned for its regulated blockchain banking services, tokenization solutions, and innovative payment infrastructure. As a pioneer in Europe’s blockchain space, the bank has built a robust ecosystem that includes crypto exchanges, market makers, and professional financial institutions, dedicated to bridging traditional finance and digital assets. Its self-developed xPULSE payment service operates 24/7, breaking traditional banking hours, enabling near-instant fiat transactions even outside regular business times.
Through this partnership, Gate clients will be able to deposit and withdraw multi-currency fiat funds via Bank Frick’s xPULSE payment infrastructure and conduct fiat trading of mainstream cryptocurrencies on the Gate platform. This service reduces reliance on regional currency pre-conversion, allowing clients to trade directly in major fiat currencies and enjoy seamless settlement experiences—especially important for global institutional traders operating across time zones. All services are provided in compliance with applicable regulations and operate within a governance framework to ensure secure and compliant trading environments.
“Mainstream fiat currencies remain the core foundation of global digital asset trading, and our clients have long been expecting a compliant and convenient multi-currency access solution,” said Dr. Han, Founder and CEO of Gate. “By partnering with Bank Frick, which has extensive experience connecting traditional banking systems with the crypto space, we are able to meet this demand while maintaining our commitment to compliance. This collaboration further enhances Gate’s service capabilities, enabling hedge funds, asset managers, family offices, and other qualified users to participate more easily in mainstream crypto markets through reliable fiat channels.”
Mirko Pfiffner, Senior Solutions Manager at Bank Frick, added, “We are pleased to partner with Gate to expand regulated fiat and crypto asset deposit and withdrawal channels for clients worldwide. Our xPULSE infrastructure is tailored for the digital asset industry, offering 24/7 operation, efficient settlement mechanisms, and a strong focus on compliance. This partnership reaffirms our mission to provide secure and robust fiat on/off ramps for the global crypto ecosystem.”
This collaboration marks an important step forward for Gate in strengthening its fiat infrastructure and institutional services. By deepening partnerships with regulated banking institutions, Gate continues to optimize access, settlement efficiency, and compliance, further solidifying its role as a key gateway connecting traditional finance and the digital asset economy.
About Bank Frick
Bank Frick is one of Europe’s pioneering regulated blockchain banks and became the first bank in Europe to offer such services in 2018. In addition to traditional banking, Bank Frick focuses on asset tokenization, innovative fund solutions, capital market trading, and credit card acquiring. It is the only bank in Liechtenstein licensed by both Visa and Mastercard for acquiring. Family-owned since 1998, with headquarters in Balzers and approximately 300 employees, the bank also has branches in London and Dubai. Bank Frick is ISO 27001 certified and committed to serving as a bridge between traditional finance and digital business models.
About Gate
Founded in 2013 by Dr. Han, Gate is one of the world’s leading cryptocurrency trading platforms. The platform serves over 50 million users and supports trading of more than 4,500 cryptocurrencies. As an industry leader, Gate was among the first to achieve 100% reserve proof, with a diverse ecosystem including Gate Wallet, Gate Ventures, and more.
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