Gate Update: Gate US expands to 47 jurisdictions and launches Visa card amid market rebound and new product launches

by
Alyssa Davidson

Posted: July 10, 2026 9:28 AM Updated: July 10, 2026 9:28 AM

by Anastasia Oh

Edit and fact check date: July 10, 2026, 9:28 AM

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Gate’s foray into mainstream financial services deepened in several ways this week. Gate US has secured a Florida money transfer service license, providing a compliant operating footprint in 47 U.S. jurisdictions and strengthening the exchange’s long-term regulatory strategy in one of the most scrutinized financial markets in the country. On the product side, Gate US has partnered with Visa, Stripe, and Bridge to launch Gate Card. This will allow eligible US users to use stablecoins like USDC through Visa’s global merchant network with automatic conversion at the point of sale. This move is consistent with the thesis outlined in Gate Research’s newly released report, “Crypto Finance Goes ‘Wall Street’.” The paper argues that cryptocurrency exchanges and traditional brokerages are converging toward integrated financial accounts and points to Gate’s expansion into real-world stock trading. Against this backdrop, the past few days have been a flurry of product launches, market data milestones and campaign updates across Gate’s ecosystem.

BTC, ETH and metals

Cryptocurrency markets showed signs of recovery, with BTC trading at $63,828 (+3.2% in 24 hours) and ETH trading at $1,767.87 (+2.36%). Gate’s BTC futures trading volume reached $4.86 billion and spot trading volume reached $677 million, both ranking third globally. Gate’s ETH futures trading volume was approximately $3.78 billion, and its spot trading volume was $178 million, also placing it in the top three. At a broader network level, ETH 24-hour futures volume fell 11.92% to $33.16 billion, with Gate accounting for $4.25 billion in futures volume and $2.11 billion in open interest.

In metals, gold (XAU) rose to $4,127.44 (+1.27%) and silver (XAG) rose to $60.36 (+3.50%). Gate XAU futures open interest reached $184 million and XAG reached $57.24 million, both ranking in the top two in the industry. Gate’s XAUT spot trading volume also reached approximately $10.16 million, ranking second in the world.

Global stocks: active sessions in all three markets

Gate Stocks’ 24/7 ecosystem, encompassing over 12,500 stock and ETF assets across the US, Hong Kong and South Korea markets, saw strong sessions in all three regions. NVIDIA rose 3.66% to $204.15 after adjusting for the semiconductor sector, while Gate’s NVDAX futures topped the entire network with $3.39 million in 24-hour trading volume. Among U.S. growth stocks, healthcare services company rYojbaba (RYOJ) leads the pack with gains exceeding 30%, followed by laser technology company nLIGHT (LASR, +27.42%) and geothermal energy company Fervo Energy (FRVO, +15.86%).

In Hong Kong, SMIT HOLDINGS surged 66.66% intraday, PAG BIOPHARMA-B rose 41.04%, and ZG GROUP-W rose 29.54%, with chip design, industrial Internet, and biopharmaceutical sectors continuing to attract attention. On July 9, with Hong Kong market volatility increasing, TRIO IEL (01710) soared 49.18%, CHINA FRONTIER TECHNOLOGY GROUP (01661) soared 36.05%, and TENGRUI AUTO INT (06162) soared 30.18%. In Korea, beauty company Manyo Factory rose 18.43% to $11.60, Heunggu Refining Oil rose 14.72%, and It’s Hanbul rose 13.51%, leading the rise among Korean stocks on the platform.

gStocks: Adds 15 new tokenized securities

Gate’s gStocks section added 15 tokenized securities for spot trading on July 9, including Cerebras Systems (CBRSG), Coinbase Global (COING), SPDR S&P 500 ETF Trust (SPYG), Qualcomm (QCOMG), Oracle Corporation (ORCLG), Direxion Daily Semiconductor Bull 3X ETF (SOXLG), and nine additional names. All gStocks tokens are backed 1:1 by the underlying asset, allowing you to access securities 24/7 through a single Gate account.

PolyMarket: World Cup prediction activity gains momentum.

Gate Polymarket has tracked the 2026 World Cup quarterfinals as prediction market activity continues to build. France became the first team to reach the semi-finals after beating Morocco 2-0 on 10 July. Attention now turns to Spain v Belgium on July 11, followed by Norway v England and Argentina v Switzerland on July 12. Gate’s 100,000 USDT World Cup Prediction Championship will remain active, rewarding users based on the profit multiplier of their accurate predictions. The parallel “Gate Polymarket × World Cup Daily Featured Matches” campaign features a 50,000 USDT prize pool accessible regardless of the outcome of the prediction. Gate is the first centralized exchange integrated with Polymarket.

Options and ETFs: New Products and Increased Engagement

Gate Options recorded a 33.05% week-on-week increase in active traders and a 57.89% surge in new users. The platform has also introduced Simple Options, a streamlined product that aims to lower the barriers to options participation through ongoing campaigns that provide access to shared prize pools.

Gate ETF has expanded its lineup with four new leveraged token products, including SAMSUNG3L/USDT, SAMSUNG3S/USDT, AMD3L/USDT, and AMD3S/USDT, supporting a total of 362 leveraged products. The ETF Trading Challenge, running from July 9 to 18, offers a prize pool of 50,000 USDT to users who trade new pairs.

GUSD Lunchpool

Gate Launchpool #365 runs until July 16th and features dual GUSD staking pools and a total airdrop of 15 XAUT. The base APR for GUSD is 3.8%, with Launchpool participation improving the combined APR to 6.38%. New staking users can access promotional APRs of up to 100% when mining GUSD, and when combined with Launchpool rewards, total APRs reach up to 132.2%. GUSD is backed by US Treasury RWAs and stablecoins and can be minted 1:1 with USDT, USDC, or USD1.

Gate Alpha, DEX BountyDrop and Token Crew

Gate Alpha launched Phase 49 of its Hot Token Trading Contest on July 10, distributing $40,000 in airdrop rewards to both standard and featured registered users through a dual mechanism structure that included a mystery box drawing. Gate DEX BountyDrop has activated an airdrop event for SPCX, TeQoin, and Eventra, with 1,000-2,000 participants per project selected to share each token pool. Running from July 10 to August 6, Token Crew Phase 13 features a prize pool of 700,000 USDT built around user referrals, with both invitees and invitees eligible to receive cash rewards if verification, deposit and transaction requirements are met.

Gate Card: Paris Shopping Benefits

In addition to the U.S. launch, Gate Card is partnering with Printemps Paris to offer offline shopping benefits from July 10 to October 9. Eligible Gate Card users visiting a Printemps Haussmann flagship for the first time will receive a 5% welcome discount. The summer tax refund promotion, running until August 31, offers tiered refunds ranging from 12% to 16% based on spending. Customers with a purchase of EUR 188 or more can benefit from a Machi Machi drink, while Gate VIP 5 and above can enjoy a personal shopping advice service on site. Gate Card’s new points system offers up to 8% additional cashback on up to 400 USDT per month.

As a dedicated journalist at MPost, Alisa specializes in the broad areas of cryptocurrency, AI, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

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