PANews reported on December 12 that at the inaugural BeInCrypto 100 Awards online ceremony hosted by BeInCrypto, cryptocurrency exchange Gate was awarded both "Best Centralized Exchange" and "Best Brand of the Year," while its venture capital arm, Gate Ventures, won "Best VC of the Year," making it one of the most outstanding platforms in the industry this year in terms of innovation and service optimization.

BeInCrypto 100 is the first annual global award recognizing top innovators, individuals, products, and projects that have made outstanding contributions to the development of Web3 and the crypto industry. The selection process combines expert review and community voting, with the winners announced via online livestream on December 10th.