[Gate Founder Dr. Han: Compliance and Transparency Are Key to Web3 Development] Gate founder Dr. Han released an open letter titled 'Web3 Will Soon Change Everyone's Life' at the end of 2025. The letter emphasized that a mature Web3 should enable the freedom of personal asset management and value flow through secure and compliant operations and user-friendly product design. In 2025, Gate allocated $11.676 billion in reserve funds, achieving a reserve ratio of 124%, covering nearly 500 types of assets, and advancing compliance processes in markets such as Dubai, Europe, Australia, and the United States. Gate obtained a full operational license from Dubai VARA, a MiCA license in Malta, and compliance approvals in 43 U.S. jurisdictions. Additionally, Gate completed the acquisition of a licensed exchange in Japan and integrated trading, on-chain financial management, asset management, and payment functionalities to simplify user operations. Dr. Han stated that Gate will work with the industry to promote the realization of Web3's vision of freedom.