Gate Update: OpenAI Pre-IPOs Cross $260M, World Cup Finals Hit Polymarket, And A Week Of Platform Milestones

Gate’s World Cup prediction market is drawing last-minute consideration because the match enters its remaining days, with customers flocking to forecast the France vs. England third-place playoff on July 18 and the high-stakes Spain vs. Argentina remaining on July 19 — each reside on Gate Polymarket, with a 50,000 USDT prize pool up for grabs. 

Meanwhile, the platform’s Pre-IPOs ambitions are hitting new milestones: its Phase 2 OpenAI subscription closed at over $260 million with a subscription fee exceeding 1,300%, following the sooner SpaceX spherical that raised almost $395 million. These two storylines — mass-market pleasure round sports activities prediction and surging urge for food for pre-IPO entry to elite tech names — seize the breadth of Gate’s present growth push throughout each retail and institutional segments.

Here’s a full roundup of what else Gate introduced this week.

Institutional & Infrastructure

Gate Institutional’s weekly report (July 6–12) confirmed whole TradFi buying and selling quantity holding regular close to $85 billion, with CFDs accounting for roughly 95% of that determine. South Korean equities emerged as a fast-growing phase inside Gate Stocks, whereas BTC open curiosity remained range-bound and declining choices quantity pointed to a market shifting towards a low-volatility restoration part.

On the infrastructure facet, Gate US introduced a partnership with SoFi, a nationally chartered financial institution, to underpin its U.S. monetary operations. The collaboration leverages SoFi’s Big Business Banking account as a part of Gate US’s compliance-first buildout, with upcoming ACH and Wire switch capabilities on the way in which. Gate US at the moment holds 36 state cash transmission licenses throughout 47 U.S. jurisdictions.

Equities Ecosystem

French crypto media Cryptoast ranked Gate Europe third amongst crypto platforms in Europe, citing its MiCA license from the Malta Financial Services Authority, EU-wide passporting, low buying and selling charges ranging from 0.1% (dropping to 0% at greater tiers), and free SEPA euro deposits. Gate Europe at the moment helps over 270 cryptocurrencies alongside a tiered VIP charge construction and Proof of Reserves.

The broader equities story was captured in an in-depth report by Odaily this week, which highlighted Gate’s rising all-in-one international equities ecosystem. Spanning Pre-IPOs, IPO Access, international inventory buying and selling, tokenized securities (gStocks), inventory CFDs, and inventory perpetual futures, the platform permits customers to entry international funding alternatives with USDT via a single unified account. Odaily framed Gate’s trajectory as emblematic of an accelerating convergence between conventional finance and digital property — as RWAs, tokenized securities, and on-chain monetary infrastructure proceed to mature.

Semiconductor and tech shares confronted headwinds this week, creating lively situations throughout Gate’s inventory derivatives markets. SK Hynix fell 11.52% and Samsung dropped 8.76%, but Gate’s SKHYNIX futures posted $56.49 million in 24-hour quantity and SAMSUNG futures added $5.4 million. SanDisk (SNDK) futures noticed even sharper exercise at $208 million in 24-hour quantity, whereas INTC futures recorded $7.35 million. 

Micron (MU) and SpaceX (SPCX) futures likewise remained within the business’s prime tier by open curiosity. In Hong Kong, Gate Stocks highlighted three counter-trend movers: ZG Group-W surged 52%, Tengrui Auto Int jumped 26.82%, and China 33 Group rose 20.38% amid a broader market pullback. On the futures open curiosity leaderboard tracked by CoinGlass, ASX grew open curiosity by 88.18% and AMKR by 62.08% over a latest four-hour window, each rating among the many prime international gainers.

Products & Trading

Gate GUSD crossed 230 million in whole staked property this week. Backed by U.S. Treasury RWAs and yield-generating stablecoins, GUSD provides a 3.8% minting APR. Gate launched a Fast, Fee-Free Redemption characteristic on July 17, permitting customers who minted GUSD with USDT, USDC, or USD1 to redeem 1:1 immediately inside their eligible quota with zero charges.

Gate ETF added six new leveraged token pairs — TSM3L/3S, EWY3L/3S, and DRAM3L/3S — on July 17, bringing its whole to 370 leveraged merchandise. A buying and selling problem runs till July 26 with a 50,000 USDT prize pool for members buying and selling the brand new pairs.

The Convert characteristic additionally bought its personal promotional push: a New Users Campaign (July 16–23) providing as much as 502 XRP per consumer, working alongside Convert Scratch & Win Phase 7, which supplies merchants scratch card possibilities primarily based on buying and selling quantity with prizes as much as 888 USDT in money.

Web3 & Multi-Chain

Gate DEX built-in Robinhood Chain this week, changing into one of many first main change gateways to assist the brand new community. The integration spans asset discovery, pockets administration, onchain buying and selling, cross-chain swaps by way of Across and LayerZero, and DApp interactions. Gate Alpha concurrently launched a devoted Robinhood Chain buying and selling competitors with a $30,000 airdrop pool, open to customers producing at the very least $1,000 in buying and selling quantity throughout Robinhood Chain tokens. Gate Alpha now helps 15 public blockchains in whole.

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