After reading the Bloomberg Businessweek interview with our boss @Dr. Han, what hit me most was Gate’s “strategic resolve.”

In a bear market, most platforms are trimming expenses, but Gate has pushed through and secured money transmitter licenses in 35 US states. One line from the boss explains why: the US makes up 50% of the global stock market. If you rely on “partner access,” you may save money upfront, but in the long run you’re essentially “paying taxes” to others—there is absolutely no way to form your own moat.

Behind Gate.io’s brand upgrade to Gate lies an unrestricted global ambition. By not depending on partnerships and going all in on holding its own compliance licenses, this seemingly slowest and most expensive “stubborn way” is precisely the hard strength that allows you to keep playing until the very end at the top table.
https://medium.com/bloomberg-businessweek-chinese-edition/q-a-gate%E5%89%B5%E8%BE%A6%E4%BA%BA%E5%85%BC%E8%A1%8C%E6%94%BF%E7%B8%BD%E8%A3%81%E9%9F%93%E6%9E%97-eb8de26a63f6