[Gate October Transparency Report Released: Global Registered Users Surpass 44 Million, Web3 Product Matrix Drives Ecosystem Prosperity] Gate has released its October 2025 Transparency Report, revealing that the platform's registered users have surpassed 44 million. Spot trading volume for the month reached $163 billion, a month-on-month increase of 39.1%, setting a new all-time high and solidifying its position as the world's second-largest spot exchange. With a 10.5% market share in derivatives, Gate remains the fourth-largest globally, reflecting its sustained activity in the global market. Gate has fully upgraded its VIP service system, recently launching Gate Vault, VIP-exclusive wealth management, private wealth management services, and VIP quantitative fund products. Additionally, Gate introduced the decentralized perpetual contract platform Gate Perp DEX, with cumulative trading volume exceeding $1.5 billion. Its on-chain launch platform Gate Fun and the cross-chain Meme coin trading platform Meme Go have garnered significant attention, showcasing comprehensive growth momentum. As of October 28, 2025, Gate's total reserves reached $11.676 billion, with a total reserve ratio of 124%, covering nearly 500 types of user assets, including an increase of approximately 300 million USDT in reserves. Meanwhile, Gate Technology Ltd has officially obtained the MiCA license issued by the Malta Financial Services Authority (MFSA). To date, multiple Gate entities have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions such as the United States, Malta, the Bahamas, Japan, Australia, and Dubai.