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Gate.io CMO Kyle Chiu presented at Oracle Red Bull Racing’s Formula 1 headquarters, introducing the Gate Money financial platform and the Proof of Security (PoSEC) asset protection standard to the team as part of the broker’s ongoing partnership with the motorsport organization.
At Oracle Red Bull Racing’s Formula 1 headquarters, Gate.io’s Chief Marketing Officer Kyle Chiu presented details about the Gate Money platform and the Proof of Security (PoSEC) standard. Gate Money is described as an integrated financial services gateway that supports fiat and digital assets, payments, equities, and asset management, with features such as multi-currency support, account upgrades, and everyday payments via Gate Card in certain regions. Chiu also outlined the PoSEC standard, which is designed to assess whether cold storage can fully cover customer assets, with the company reporting independent audit figures of reserve coverage. The event took place within the context of Gate.io’s official partnership with Oracle Red Bull Racing, aligning the company’s Web3 finance offerings with the motorsports sector.
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Gate.io is a multifunctional cryptocurrency exchange offering spot and margin trading, as well as futures, ETF trading, and access to a wide range of cryptocurrencies and tokenized assets. The platform features cloud mining, a lending and borrowing system, customizable trading strategies, an interactive training system for newcomers, and a TradingView-based terminal. For further details about its key features and support services, see the broker profile on Traders Union: full review on Traders Union.
For more background, see our previous Gate.io update on Traders Union, which detailed the launch of gStocks—tokenized stock products backed 1:1 by real shares and traded using USDT. This ongoing innovation highlights Gate.io's commitment to expanding its suite of digital asset services.