Bitget Stock Token AUM Surpasses $100 Million, Cumulative Trading Volume Exceeds $670 Million
Odaily reported that Bitget announced its stock token (rToken) product has surpassed $100 million in assets under management (AUM) within one month of launch. As of July 6, the number of users trading related assets exceeded 100,000, with cumulative trading volume reaching $671.37 million.
In terms of asset distribution, rSPCX is currently the rToken with the highest TVL, accounting for 23.51%; rCSCO and rNVDA follow with 17.75% and 13.38% respectively. The overall ranking shows that early demand for rTokens is primarily driven by high-profile private market assets and technology-related targets, with AI infrastructure assets forming a significant demand cluster, covering areas such as networks, chips, storage, and semiconductors.
It is reported that rTokens, identified by the letter "r" followed by the stock ticker (e.g., rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget. By partnering with compliant broker Alpaca, they directly connect to global liquidity pools such as Nasdaq and the New York Stock Exchange. Their features include: 1:1 reserves of underlying assets custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronized mapping of corporate actions such as stock splits and reverse splits, and the ability to use holdings as cross-collateral for unified accounts and U-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
