In a significant move towards integrating traditional finance with the cryptocurrency ecosystem, Bitget and Bitget Wallet have officially launched live trading for tokenized real-world asset (RWA) stocks and ETFs. This advancement comes as a result of a collaboration with Ondo Finance, a regulated entity known for its expertise in tokenized securities. The partnership enables global users to access over 100 tokenized RWAs, democratizing entry into established markets and offering new trading opportunities.
Bitget now facilitates 24/7 trading of these tokenized assets directly on its platform, allowing traders to engage in transactions resembling their real-world counterparts. Each tokenized stock mirrors the performance of its underlying asset, accounting for price fluctuations and dividend reinvestments, thereby providing a comprehensive trading experience.
This initiative opens doors for users to trade tokenized US stocks and ETFs, including high-profile companies such as Apple, Tesla, Amazon, Microsoft, and Nvidia. Remarkably, users can initiate trades with as little as $1 and without the necessity of traditional brokerage accounts, streamlining access to these financial products. Reviews have applauded the seamless execution of trades, thanks to the route through Ondo’s Global Markets infrastructure, which taps into the liquidity of the traditional market.
Bitget’s initiative positions itself as a game-changer for accessibility, allowing users to buy and hold tokenized assets with no associated trading fees. The streamlined process emphasizes accessibility, catering to a broad audience and breaking down barriers typically associated with stock trading.
Moreover, Bitget Wallet enhances user experience by providing self-custodial access to tokenized RWAs via a newly integrated module within its app. This interface allows users to explore, analyze, and conduct transactions with tokenized stocks and ETFs without the involvement of conventional financial intermediaries. Functioning across 130 supported blockchains, the wallet emphasizes security and private key ownership, further reinforcing its appeal as a borderless financial tool.
Plans are underway to expand the tokenized RWA offerings, with ambitions to include over 1,000 stocks and ETFs in the near future. Campaigns aimed at increasing user awareness and adoption are expected, alongside continuous enhancements to the product suite.
Ondo Finance, a key player in this partnership, bolsters the rollout with its extensive financial backing and regulatory framework. With over $1 billion in managed assets, Ondo ensures that every tokenized asset issued maintains a robust bankruptcy-remote structure, supported by daily third-party attestations that enhance transparency and compliance.
By establishing a direct connection with traditional equity market liquidity, Ondo’s infrastructure circumvents common blockchain liquidity issues, achieving execution speeds and reliability that rival those of centralized exchanges. This collaborative effort thus solidifies tokenized RWAs as integral components of the on-chain economy, paving the way for further innovations in financial accessibility through tokenization.
As the landscape continues to evolve, both Bitget and Ondo Finance aim to expand their global reach, fostering wider access to regulated financial products and reinforcing their alliance in the pursuit of mainstream adoption in the burgeoning realm of digital finance.
