Bitget US Stock Tokens Surpass 1.2 Million Trades in August, AUM Reaches $200 Million
Odaily News - According to the latest data from Bitget, the assets under management (AUM) of the platform's stock tokens, rToken, have surpassed $200 million. In terms of trading activity, the cumulative number of rToken trades in August reached 1.2 million, with the number of trading users increasing by 20% month-over-month and the proportion of weekend trading volume rising by 8% compared to the previous month.
It is understood that rToken, identified by the letter "r" followed by the stock ticker (e.g., rNVDA for Nvidia), is issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with the compliant brokerage Alpaca, rToken directly connects to global liquidity pools such as Nasdaq and the NYSE. Its features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed 1:1 in token form, synchronized corporate actions such as stock splits and reverse splits, and the ability to use holdings as cross-collateral for unified accounts and USDT-margined futures, allowing users to hold global equity assets while still managing their capital flexibly.
