Gate founder and CEO Dr. Han announced the launch of Gate Money during a keynote speech on the main stage of TOKEN2049 in Singapore.
According to the company, users can open an account with one click and access a range of financial services inside the Gate App, including asset management, investment, fund transfers and collections, as well as payment functions. The service is now available to users who update the Gate App to version v8.39.0.
One account for multiple asset classes
Dr. Han said Gate Money lets users manage different types of assets within a single account, including cryptocurrencies, fiat currencies, gold, stocks, and exchange-traded funds, or ETFs. It also offers instant asset conversion, wealth management, and staking.
Transfers, collections, and spending functions
For cash management, users can open a bank account under their own name. Gate said it plans to expand the service to the United States, Europe, Dubai, and Australia, with support for receiving payments in more than 60 local currencies.
The company also said Gate Money supports daily consumer spending using account assets, including stocks, extending how those assets can be used.
Integrated financial services inside the Gate App
From one-click onboarding to asset allocation, transfers, collections, and everyday payments, Gate Money brings together services that were previously spread across different financial scenarios inside the Gate App.
Gate said the launch marks an expansion of its service chain across assets, funds, and consumer spending, with the aim of offering users a more unified financial experience.