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Most crypto exchanges talk big. Gate actually shows receipts.
$11.67 billion in proof of reserves. 124% reserve ratio across 500 assets. published every quarter. not every exchange does this. most can't.
and now Gate founder Dr. Han confirmed they're heading towards an IPO. been quietly building compliance licenses around the world for years. this wasn't sudden. this was a 10 year plan playing out slowly.
think about what that means for GT holders. exchange going public means more scrutiny more regulation more institutional eyes on the platform. that's not a bad thing. that's legitimacy.
market is still bleeding. fear and greed at 16. but Gate is still building. still publishing reserves. still moving towards IPO.
i don't know when the market recovers. but i know which exchange i trust while waiting.
#GT #Crypto #BTC