Gate Ventures Announces Strategic Acquisition of Perp Dex ADEN

According to Odaily Planet Daily, Gate Ventures, the venture capital arm of Gate, announced today the completion of its strategic acquisition of ADEN, a decentralized cryptocurrency perpetual swap exchange (Perp DEX). According to CoinMarketCap, the platform ranks third among decentralized perpetual swap exchanges globally, with monthly trading volume exceeding $20 billion and over 200,000 users worldwide. This acquisition is a key strategic initiative for Gate to expand into the decentralized derivatives market. Following the integration, ADEN will migrate to Gate Layer, Gate's proprietary high-performance Layer 2 network, with an expected official launch date of November 3rd.