Gate Rethinks BNB Trust With Attestation and Cross-Chain Token Hemi

The blockchain and decentralized finance (DeFi) sector continues to witness strategic expansions and new product launches as key players look to solidify their positions in the rapidly evolving digital ecosystem. Gate, a leading global cryptocurrency exchange, has announced plans to launch two new services: the BNB Attestation Service (BAS) and Hemi (HEMI). These initiatives aim to enhance transparency, security, and user engagement in the BNB (Binance Coin) ecosystem.

The BNB Attestation Service (BAS) is designed to provide users with a verifiable means of attesting to their BNB holdings. This service is expected to support a range of applications, including identity verification, access control, and proof-of-stake mechanisms. By leveraging blockchain immutability, BAS will enable users to demonstrate their ownership or stake in BNB without revealing sensitive personal data. Gate emphasized that the service will be integrated with existing BNB-based platforms and wallets, ensuring seamless user experience and broad adoption.

In parallel, Gate is set to introduce Hemi (HEMI), a new tokenized service intended to facilitate cross-chain interactions and asset management. Hemi is being positioned as a versatile utility token that can be used across multiple blockchain networks, enabling users to manage and transfer assets with greater efficiency and flexibility. Gate’s whitepaper indicates that Hemi will support both smart contract-based and non-smart contract-based ecosystems, allowing for broader interoperability. This approach is expected to attract developers and users who seek cross-platform functionality in their blockchain activities.

Gate’s decision to launch these services reflects a broader trend in the crypto industry, where exchanges and platforms are increasingly integrating multi-chain and tokenized solutions to meet user demands. The company has not disclosed an official launch date for either service, but early access programs for select partners and early adopters are expected to begin in the coming months. According to internal data, Gate has already begun testing the services with a small group of beta users, with feedback being incorporated into the final development phase .

Industry analysts suggest that the introduction of BAS and Hemi could bolster Gate’s position as a key player in the BNB ecosystem. The services align with broader industry efforts to improve trust, transparency, and accessibility in blockchain-based systems. Furthermore, as the DeFi space matures, the need for standardized attestation and tokenized solutions is expected to grow, making Gate’s offerings particularly relevant to both retail and institutional users .

Gate has also indicated that future updates may expand the functionalities of BAS and HEMI, including the potential for integration with emerging DeFi protocols and NFT platforms. While the services are currently BNB-centric, the company has hinted at plans to extend their applications to other major blockchain ecosystems in the future. This strategy underscores Gate’s long-term vision of fostering a more interconnected and interoperable blockchain environment.