Aquanow and Gate.io Partner to Increase Global Liquidity for Blockchain Companies
Aquanow, a digital asset infrastructure provider, and Gate.io – a cryptocurrency exchange – have announced a partnership to improve global liquidity for blockchain projects. Gate.io, which boasts a daily trading volume of over $6 billion and an active user base of more than 13 million people, is a significant step towards modernizing financial technology through crypto.
Traditional and digital currency markets
Phil Sham, the CEO of Aquanow, said in a press release that he was excited about the partnership. “This collaboration will play a critical role in expanding access to crypto markets.”
The collaboration with Gate.io is another step in our commitment to modernize financial services through the use of crypto technology. We are proud of our partnership with Gate.io. This organization has built a strong reputation among its 13 million users.”
The partnership between Aquanow.io and Gate.io will contribute to the growth and development of the crypto ecosystem. The collaboration will leverage Gate.io’s trading volume and expertise in digital asset infrastructure to create a seamless system that connects traditional and digital currencies.
Lin Han, CEO of Gate.io, echoed this sentiment: “Collaborating with Aquanow, an industry leader, is a milestone in our Work to build a foundation and grow.” Gate.io’s unwavering commitment to providing a seamless trading environment for traders of all types is our core value. Our collaboration with Aquanow will be a key factor in connecting traditional and digital currencies and offering users an innovative and comprehensive solution.
Gate.io applies for VASP license in Hong Kong
AskFX had reported that Gate Group, owner of cryptocurrency exchange Gate.io, had applied for regulatory approval from the Securities and Futures Commission (SFC) in Hong Kong. The company is seeking a Virtual Asset Service Provider license to enable trading in non-security tokens. It also plans to apply for securities trading and automated trading licenses from the Securities and Futures Commission.
Gate.io has obtained a Trust and Corporate Service Provider License to meet Hong Kong licensing standards. To increase customer trust and contribute to the growth of the Web3 ecosystem, Gate.io emphasizes high security and regulatory standards.
