Business

Aquanow & Gate.io Partner to Boost Global Liquidity in Blockchain Ventures

Digital assets infrastructure provider, Aquanow, and cryptocurrency
exchange, Gate.io, have announced a strategic partnership aimed at enhancing
global liquidity for the next generation of blockchain projects. With Gate.io
boasting over $6 billion in daily trading volume and a user base of 13 million,
the collaboration signals a notable move towards modernizing financial services
through crypto technology.

Bridging
Traditional and Digital Currency Markets

In a statement, Aquanow CEO Phil Sham expressed
enthusiasm about the partnership, stating: “This collaboration with Gate.io,
one of the top global exchanges, will play a pivotal role in expanding access
to crypto markets.”

Phil Sham, CEO, Aquanow

Phil Sham, CEO, Aquanow, Source: LinkedIn

“Working with Gate.io represents another step
towards our goal of ushering in the modernization of financial services using
crypto technology. We are proud to partner with an organization like Gate.io,
which has cultivated a strong reputation amongst its 13 million users.”

Lin Han, CEO, Gate.io

Lin Han, CEO, Gate.io. Source: LinkedIn

The
partnership between Aquanow and Gate.io is expected to contribute significantly
to the development and growth of the crypto ecosystem. By leveraging Aquanow’s
expertise in digital assets infrastructure and Gate.io’s user base and trading
volume, the collaboration aims to create a seamless solution that bridges the
traditional and digital currency markets.

Gate.io CEO Lin Han
echoed the sentiment, stating: “Teaming up with Aquanow, a leader in the
crypto market, marks a significant milestone in our foundational work and
growth. At Gate.io, our unwavering commitment is to uphold an all-encompassing
exchange that provides a seamless trading experience for a diverse range of
traders. Together with Aquanow, our collaboration is set to play a critical
role in bridging the traditional and digital currency markets, offering users a
comprehensive and innovative solution.”

— Aquanow (@aquanow) January 17, 2024

Gate.io Seeks VASP License in Hong Kong

Finance Magnates reported earlier
that Gate Group, the owner of Gate.io
crypto exchange, applied for regulatory approval
with the Securities and
Futures Commission in Hong Kong. Seeking the Virtual Asset Service Provider
License, the company aims to trade non-security tokens and plans to apply for
licenses under the Securities and Futures Ordinance for securities dealing and
automated trading services.

Having
obtained a Trust and Corporate Service Provider license, Gate.io aims to comply
with Hong Kong’s licensing requirements. The company emphasizes maintaining
high security and regulatory standards to foster customer trust and contribute
to the Web3 ecosystem’s development.

Digital assets infrastructure provider, Aquanow, and cryptocurrency
exchange, Gate.io, have announced a strategic partnership aimed at enhancing
global liquidity for the next generation of blockchain projects. With Gate.io
boasting over $6 billion in daily trading volume and a user base of 13 million,
the collaboration signals a notable move towards modernizing financial services
through crypto technology.

Bridging
Traditional and Digital Currency Markets

In a statement, Aquanow CEO Phil Sham expressed
enthusiasm about the partnership, stating: “This collaboration with Gate.io,
one of the top global exchanges, will play a pivotal role in expanding access
to crypto markets.”

Phil Sham, CEO, Aquanow

Phil Sham, CEO, Aquanow, Source: LinkedIn

“Working with Gate.io represents another step
towards our goal of ushering in the modernization of financial services using
crypto technology. We are proud to partner with an organization like Gate.io,
which has cultivated a strong reputation amongst its 13 million users.”

Lin Han, CEO, Gate.io

Lin Han, CEO, Gate.io. Source: LinkedIn

The
partnership between Aquanow and Gate.io is expected to contribute significantly
to the development and growth of the crypto ecosystem. By leveraging Aquanow’s
expertise in digital assets infrastructure and Gate.io’s user base and trading
volume, the collaboration aims to create a seamless solution that bridges the
traditional and digital currency markets.

Gate.io CEO Lin Han
echoed the sentiment, stating: “Teaming up with Aquanow, a leader in the
crypto market, marks a significant milestone in our foundational work and
growth. At Gate.io, our unwavering commitment is to uphold an all-encompassing
exchange that provides a seamless trading experience for a diverse range of
traders. Together with Aquanow, our collaboration is set to play a critical
role in bridging the traditional and digital currency markets, offering users a
comprehensive and innovative solution.”

— Aquanow (@aquanow) January 17, 2024

Gate.io Seeks VASP License in Hong Kong

Finance Magnates reported earlier
that Gate Group, the owner of Gate.io
crypto exchange, applied for regulatory approval
with the Securities and
Futures Commission in Hong Kong. Seeking the Virtual Asset Service Provider
License, the company aims to trade non-security tokens and plans to apply for
licenses under the Securities and Futures Ordinance for securities dealing and
automated trading services.

Having
obtained a Trust and Corporate Service Provider license, Gate.io aims to comply
with Hong Kong’s licensing requirements. The company emphasizes maintaining
high security and regulatory standards to foster customer trust and contribute
to the Web3 ecosystem’s development.

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