A review of a new book by the founder of a certain CEX: from the outset, the exchange token’s design was positioned to go beyond the exchange itself

GateNews

2026-04-08 08:39:53

Gate News message, April 8, a CEX founder recalled in a new book that from the very beginning, the exchange’s token positioning was bigger than the exchange itself. In its white paper, it wrote: the token does not represent equity. As a utility token, holders can enjoy trading fee discounts when trading, and the token’s use cases will not be limited to the exchange; in the future, it will also expand into blockchain and the DeFi ecosystem.

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