Gate TOKEN2049 announces the launch of Gate Money

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Gate founder and CEO Dr. Han: Open global bank accounts in your own name with one click, breaking down the boundaries between assets, funds, and payments

According to BlockBeats,October 7, Gate founder and CEO Dr. Han attended an event in Singapore TOKEN2049 and delivered a keynote speech on the event's main stage. During the speech, Dr. Han officially announced the launch of Gate Money, stating: “Accounts should not be a boundary for funds. Gate Money supports opening global bank accounts in your own name with one click, breaking down the boundaries between assets, funds, and payments to enable the free flow of funds.”

Dr. Han noted that the development of stablecoins,RWA and blockchain payment infrastructure has enabled more assets to support digital circulation and instant settlement, with asset holding, transfer, and use gradually becoming integrated. Based on this change, Gate Money connects bank accounts with digital assets, fiat currencies, stocks,ETF, gold, and payment services. Eligible users can open global electronic bank accounts in their own names with one click, supporting receipt of payments in 60 multiple local currencies. They can complete fund transfers, asset conversion, and management within the Gate App, and then use fiat currencies or digital assets for online and offline payments through the Gate Card.

The launch of Gate Money marks a further expansion of Gate's financial services from trading and asset management into fund transfers and everyday spending, connecting different assets, funds, and payment scenarios within one system. Users can open Gate Money with one click by updating the Gate App to version v8.39.0. In the future, Gate will further expand asset categories, payment methods, and financial service capabilities, continuing to build an integrated financial services system connecting assets with real-world consumption.

Original link https://m.theblockbeats.info/flash/370607

Key points

October 7, Gate founder and CEO Dr. Han attended an event in Singapore TOKEN2049 and delivered a keynote speech on the event's main stage.
Dr. Han announced the launch of Gate Money during his speech.
Dr. Han stated that Gate Money supports opening global bank accounts in your own name with one click.
The original text states that eligible users can open global electronic bank accounts in their own names and receive payments in 60 multiple local currencies.
The original text states that users can transfer funds, convert and manage assets within the Gate App, and use fiat currencies or digital assets for online and offline payments through the Gate Card.
The original text states that users can update the Gate App to version v8.39.0 to open Gate Money with one click.
Gate stated that it will further expand asset categories, payment methods, and financial service capabilities in the future.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Gate Money is described as a product that connects electronic bank accounts, digital assets, fiat currencies, stocks,ETF, gold, and payment services. Put simply, eligible users may try to open electronic accounts in their own names in the Gate App, receive multiple local currencies, manage and convert assets, and make purchases with the Gate Card.

Why it matters to readers

If the functionality described in the original text can be used in practice, Gate's service scope will extend beyond trading and asset management to cover payment collection, payments, and everyday spending scenarios.

Beginners should first confirm whether they qualify as “eligible users” and whether the relevant account, local-currency receipt, and payment functions are available in their location before considering opening an account or transferring funds.

Risks and unknowns

The original text does not specify the criteria for “eligible users.”
The original text does not list the countries or regions where Gate Money is available.
The original text does not specify partner banks, regulatory authorizations, account protections, or fee information.
The product functions in the original text are primarily based on statements made by Dr. Han and Gate and do not provide verification of actual use.
The original text does not list the supported 60 local currencies.

Gate TOKEN2049 announces the launch of Gate Money

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