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CoinDesk releases Gate Exchange review #CoinDesk releases a review, highlighting key milestones and competitive performance data of #GateExchange for July 2025. Gate Exchange’s monthly derivatives volume reached $374B, up 44% month-over-month. It achieved the second-largest gain in global derivatives market share, while $USD1 holdings ranked second among all centralized exchanges. The $IKA Launchpad set a record with $348M in subscriptions, and the Launchpool delivered APYs of up to 4,509%. 👉 x.com/Gate/status/1955248720821244143
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Transak raises $16M in a Strategic funding round #Transak secures $16M in a Strategic funding round co-led by IDG Capital and Tether, with participation from Primal Capital, 1kx, Protein Capital, and Fuel Ventures. Transak will use the funds to grow its stablecoin payments stack and expand into new markets. Transak is a developer integration that acts as a fiat-to-crypto payment gateway, enabling users to buy and sell cryptocurrencies directly within apps, websites, and web plugins. 👉coindesk.com/business/2025/08/12/transak-raises-usd16m-from-idg-capital-tether-to-scale-stablecoin-payment-network
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