Gate.MT Rebrands to Gate.io, Which Reports $3.8 Trillion Trading Volume in 2024

Gate Technology Ltd, formerly known as Gate.MT, has officially rebranded to Gate.io. This change is intended to strengthen the company’s presence in Europe and align its operations with the globally recognized Gate.io brand.

In 2024, Gate.io reported a trading volume of $3.8 trillion, a 120% increase from the previous year. The platform’s spot trading reached $1.8 trillion, while contract trading hit $2 trillion. Gate.io’s user base exceeded 20 million.

The company also added 873 new tokens, including 437 exclusive listings. Its reserve funds amounted to $9.566 billion, with a reserve ratio of 123.91%. Excess reserves grew by 68.89% to $1.846 billion. The platform’s native token, GT, saw a nearly 300% growth, reaching an all-time high of $18.667 on January 9, 2025.

Gate.io Continues Operations in Malta, Italy

Gate Technology Ltd has been operating in Europe since 2022 with a VFA Class 4 license from the Malta Financial Services Authority. In Italy, it operates through a subsidiary registered as a Virtual Asset Service Provider with the Organismo Agenti e Mediatori in 2024. Both entities will continue serving clients under the Gate.io name.

Gate.io Focuses on Regulatory Compliance

According to the firm, the rebranding is part of a strategy to improve services for European clients, focusing on "security, user-friendliness, and regulatory compliance". The company plans to expand its regulated operations across Europe and will announce further details in the coming months.

CEO Giovanni Cunti acknowledged the support of clients and reaffirmed the company's focus on maintaining its direction in the European cryptocurrency market.

Gate Technology Ltd rebrands to https://t.co/ak0BKHyx5C in Europe 🚀Strengthening its presence and global identity, the company continues expanding regulated operations and secure crypto services.Read more👇https://t.co/VUubUH6JBn

Gate.io Acquires Coin Master, Rebrands to Gate Japan

Recently, Gate.io and the Financial Services Agency of Japan (FSA) confirmed that Gate Group has acquired all shares of Coin Master Co., Ltd, a Japanese cryptocurrency service provider. The acquisition was carried out through Gate Japan K.K., a Singaporean entity within the Gate Group. Coin Master Co., Ltd will operate under the Gate Japan K.K. name.

As reported by Finance Magnates, this acquisition followed Gate.io’s earlier decision, announced on July 22, 2024, to stop opening new accounts for Japanese users and gradually reduce its global services in Japan to comply with local regulations.