Bitget's Stock Token AUM Surpasses $100 Million, Cumulative Trading Volume Exceeds $670 Million

Bitget announced that its stock token (rToken) product has surpassed an asset under management (AUM) of $100 million within a month of its launch. As of July 6, the number of users participating in related asset trading has exceeded 100,000, with a cumulative trading volume reaching $671.37 million. rSPCX is currently the rToken with the highest total value locked (TVL), accounting for 23.51%; rCSCO and rNVDA follow with 17.75% and 13.38%, respectively. The early demand for rTokens has been primarily driven by high-profile private market assets and technology-related targets, with AI infrastructure assets becoming a significant demand cluster, covering areas such as networking, chips, storage, and semiconductors. rTokens are issued by Bitget's licensed RWA protocol, Reality, using the format of the letter 'r' + stock code (e.g., Nvidia is rNVDA) as identification, and are directly connected to global liquidity pools such as NASDAQ and NYSE through collaboration with compliant broker Alpaca. Their features include a 1:1 reserve of underlying assets managed by licensed custodians, distribution of stock dividends in token form on a 1:1 basis, support for corporate actions like stock splits and consolidations, and the ability for holdings to serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

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