Bitget Introduces Tokenized Stock Contracts Tied to Tesla and Nvidia
Crypto exchange Bitget has introduced the industry’s first Real-World Asset (RWA) Index Perpetual Contract, opening trading on tokenized equities and other traditional assets through its futures platform. The product wen...
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Crypto exchange Bitget has introduced the industry’s first Real-World Asset (RWA) Index Perpetual Contract, opening trading on tokenized equities and other traditional assets through its futures platform. The product went live on August 20.
First Contracts Cover Tokenized Stocks
The RWA Index Perpetuals will start with Tesla, Nvidia, and Circle’s USDC-related contracts. Each index reflects a basket of tokenized versions of the same stock issued by different third parties, a structure designed to stabilize pricing.
Bitget said the contracts mirror the mechanics of existing crypto perpetuals, with index values drawn from multiple sources. The platform plans to adjust weightings based on market activity, trading volumes, and liquidity conditions.
“With the world’s first RWA Index Perpetual Contract, we are slowly transitioning into a comprehensive ecosystem of all things finance. This product shows the platform's advancement as compared to other players, as it enables traders with exposure to a modern and traditional range of asset classes, bridging the gap between TradFi and DeFi,” commented Gracy Chen, the CEO at Bitget.
RWA Index Perpetuals will trade on a 5×24 schedule, closing on weekends and during stock market holidays. Prices will remain frozen during closures to avoid liquidation risks, though traders can add margin ahead of reopening.
Funding fees will pause while markets are shut and resume once trading resumes. The contracts will initially support isolated margin mode only, with leverage capped at 10x and open interest limits applied across the exchange.
Bitget’s Expansion
At launch, index pricing is sourced from xStocks. Bitget plans to add more issuers and expand the RWA futures range later this quarter. Cryptocurrency exchanges are pushing deeper into tokenized equity markets, with Bitget, Kraken, and Robinhood all rolling out offerings that let investors trade digital versions of U.S. stocks outside regular Wall Street hours.
The products promise 24/5 access to companies like Apple and Tesla on blockchain platforms, though some analysts question whether they offer real benefits compared with existing instruments such as contracts for difference (CFDs).
Bitget and Kraken both unveiled new tokenized stock services this week, adding to the growing list of crypto firms experimenting with equity-linked assets for clients outside the United States.
Bitget integrated xStocks into its Onchain platform, enabling the trading of tokenized shares of Tesla (TSLAx), Nvidia (NVDAx), Apple (AAPLx), and the S&P 500 ETF (SPYx).
This article was written by Jared Kirui at www.financemagnates.com.Why this matters
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