Why can the vast majority of platforms only offer a “token mapping” stripped-down version of the U.S. stock market? Because they simply can’t provide a compliant, licensed securities entity.

This time, Gate has played its trump card—securing a license with hard-core financial strength and time cost, directly targeting the top U.S. clearing firms. This is absolutely not just another new product; it marks an evolution from a single crypto exchange into a “comprehensive compliant financial platform.” In the era of integration, compliance is the ultimate moat. Only those who cross it will be positioned to win it all in the next decade.