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Gate gStocks Cumulative Trading Value Surpasses $8.4 Billion

The service's cumulative user count neared 30,000, and each of its five busiest instruments saw about $50 million in trading over a recent 30-day span.

Updated 1 min read
A commuter checks a smartphone on Wall Street near the New York Stock Exchange in Manhattan. / EconoTimes.ai
A commuter checks a smartphone on Wall Street near the New York Stock Exchange in Manhattan. / EconoTimes.ai

Gate's tokenized-stock platform gStocks has accumulated more than $8.4 billion in trading value, while activity exceeded $2.2 billion in a recent 30-day period, offering a snapshot of the service's scale.

The cumulative count of users who traded on gStocks approached 30,000. In that 30-day span, turnover for each of the five busiest instruments was about $50 million.

SNDKG's accumulated trading value topped $300 million; MUG, SPCXG, TSLAG and SKHYG each cleared $200 million. More than 10,000 users had traded TSLAG and NVDAG apiece on a cumulative basis.

Gate had listed 78 trading instruments on gStocks across areas such as commercial space, electric vehicles, memory technology and AI chips.

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