Gate founder Dr. Han explicitly expressed the intention to go public for the first time, and responded to the layoffs controversy in a conversation with Wu

Recently, Dr. Han, the founder of Gate, was a guest on the Wu Says podcast, where he systematically shared his judgments and thoughts on topics such as market cycles, regulatory compliance, industry layoffs, and paths to listing.

Dr. Han stated that although there are phase fluctuations in the current crypto market, it has deeply integrated into the global macro cycle, making it difficult to reproduce the deep bear market triggered by a single event in the early days; the liquidity environment and overall economic expectations remain the core variables affecting the market. On a technical level, he believes that AI is still in the early expansion stage, with real applications continuing to land, and cannot simply be summarized as a "bubble"; user behavior in Web3 is clearly migrating on-chain, and privacy technology and zero-knowledge proofs are expected to become important infrastructure in the future.

Regarding changes in industry structure, Dr. Han pointed out that the rise of Perp DEX is due to improvements in on-chain performance, cost reductions, and mature incentive mechanisms, and the integration of centralized platforms with on-chain models will become a long-term trend; the stablecoin sector is showing significant economies of scale.

In addition, regarding rumors of layoffs, Dr. Han candidly stated that Gate has maintained a steady hiring pace over the years and has never engaged in aggressive expansion or large-scale layoffs. When discussing future plans, he clearly expressed the intention to go public for the first time, stating that Gate has been promoting compliance and licensing globally for many years, precisely to prepare for "long-term normalization and the possibility of going public." It is reported that as of now, multiple entities of Gate Group have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions such as Malta, the Bahamas, Japan, Australia, the United States, and Dubai.