Bitget Says Daily Tokenized Stock Users Climbed 18-Fold Since Launch
Stocks
Bitget reported significant growth in its tokenized stock trading platform during July, with daily active users for its rToken products increasing 18-fold since inception. The exchange reached $114 million in assets under management for these tokenized equities within five weeks of launch, supported by a cumulative trading volume of $671.37 million. Over 100,000 users have engaged with these products, with nearly 43% of first-time buyers increasing their positions within a week. Bitget has further integrated these assets by allowing over 100 tokenized U.S. stocks to serve as collateral within its Unified Trading Account. External analysis from CryptoRank highlighted the platform's competitive edge, noting it offers the lowest slippage for large tokenized equity trades among reviewed exchanges. This rapid adoption underscores a growing investor appetite for efficient, blockchain-based access to traditional equity markets. The data suggests that liquidity and execution quality are becoming primary drivers for institutional and retail participation in the RWA sector.
Key points
- ▸Bitget rToken assets under management reached $114 million within five weeks of launch.
- ▸Cumulative trading volume for tokenized stocks on Bitget hit $671.37 million.
- ▸Over 100,000 users traded tokenized products, with daily volume averaging $19.75 million.
- ▸Bitget now accepts over 100 tokenized U.S. stocks as collateral for trading accounts.
Background
Bitget is a centralized cryptocurrency exchange that has expanded into the RWA sector by offering tokenized versions of traditional stocks. These products allow users to gain exposure to equity market price movements using blockchain-based tokens, often integrated into broader trading ecosystems to improve capital efficiency.
Relevance
7.5/10