Gate Founder Dr. Han Signals IPO Ambitions for the First Time, Responds to Layoff Concerns in Wu Blockchain Interview

Dr. Han noted that while the crypto market continues to experience cyclical volatility, it has become deeply integrated into global macroeconomic cycles, making a return to early-stage, single-event-driven deep bear markets increasingly unlikely. Liquidity conditions and broader economic expectations remain the key variables shaping market movements. On the technology front, he emphasized that AI is still in an early expansion phase, with real-world applications steadily materializing, and should not be broadly characterized as a “bubble.” He also observed a clear shift in Web3 user behavior toward on-chain activity, with privacy technologies and zero-knowledge proofs expected to become critical foundational infrastructure.

Addressing structural changes within the industry, Dr. Han pointed out that the rise of perpetual DEXs is driven by improvements in on-chain performance, declining costs, and more mature incentive mechanisms. He added that the convergence of centralized platforms and on-chain models will be a long-term trend, while the stablecoin sector is increasingly demonstrating strong economies of scale.

In addition, in response to the recent layoffs debate, Dr. Han bluntly stated that Gate has always maintained a steady pace of hiring over the years and has never carried out aggressive layoffs. Speaking of future plans, he for the first time explicitly expressed his intention to go public, saying that Gate’s global promotion of compliance and license layout over the years is precisely preparing for “long-term formalization and the possibility of going public.” To date, multiple Gate entities have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals across jurisdictions including Malta, the Bahamas, Japan, Australia, and Dubai.

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