Gate Follows Binance into US Equities with 10,000 Stocks and ETFs

Gate Follows Binance Into Us Equities With 10,000 Stocks And Etfs Gate Id 990Bbe46 9583 4B09 Ae7D 3F52B4396932 Size900

Alpaca has partnered
with cryptocurrency platform Gate to support its launch of US stocks and
exchange-traded funds, initial public offering allocations and tokenized
stocks.

Gate’s move follows a
broader push by cryptocurrency exchanges into traditional equities. In June, Binance
added 7,000 US stocks to its platform
, with Alpaca providing custody,
dividend processing and corporate-action support. The trend is giving retail
investors and traders on crypto platforms access to a wider range of
traditional market products.

Alpaca Supports Gate’s US Stock Launch

Under the partnership,
Gate users can access more than 10,000 US-listed stocks and ETFs through Gate
Stocks. Eligible users can also request allocations in US IPOs.

Alpaca provides the
brokerage infrastructure for these products, including the brokerage functions
needed to support trading in the underlying securities.

The partnership also
supports Gate’s launch of gStocks, its tokenized US stock offering. Alpaca said
its infrastructure handles the custody and settlement of the underlying shares.

Yoshi Yokokawa,
co-founder and CEO of Alpaca, said the company’s infrastructure is designed to
help “financial platforms expand into global markets.”

Gate Develops AI Tools for Traders

Gate said the launch
is part of its expansion beyond digital assets into traditional financial
markets, wealth management, payments, Web3 and artificial intelligence. The
partnership allows users to access stocks and cryptocurrencies through the same
platform.

Gate is also developing
AI tools for retail investors, professional traders and developers to analyse
markets and manage assets.

Coinbase, MEXC Expand Beyond Digital
Assets

The move is part of a shift
among crypto exchanges towards offering traditional financial products.

Earlier this year, Coinbase
outlined plans for a multi-asset platform
covering cryptocurrencies,
equities, derivatives and prediction markets. It described the model as an
“Everything Exchange” operating across several asset classes.

MEXC
also entered the US stock market with RealStocks
, giving users access to
US-listed shares and dividends through a licensed brokerage partner.

This article was written by Tareq Sikder at www.financemagnates.com.


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