Gate challenges fintech giants with multi-asset spending and round-the-clock conversions
Summary
Gate has launched Gate Money, an app combining crypto, cash, stocks, gold and other assets, with a card for spending from those holdings. CEO Lin Han says the goal is to attract everyday consumers beyond professional traders and sees Asia as a key market for access to U.S. stocks. Gate says users may eventually convert assets outside market hours and spend directly from holdings, including paying with stock, though Han did not detail how such transactions would be priced or executed when markets are closed. The move joins a broader push by crypto exchanges and fintech firms to build all-in-one financial apps.
