Key facts
- Bitget now accepts tokenized stocks and ETFs as collateral for USDT-M futures.
- Eligible assets include tokenized versions of Apple, Tesla, Nvidia, Amazon, Meta, Google, Microsoft, Intel, Munich Re, ASML, Broadcom, TSMC, QQQ, SPY, and SNDK.
- The update is part of Bitget's Unified Trading Account system, allowing management of various assets without fund transfers.
- Bitget's Reality platform, launched in May, is a regulated tokenization platform for rTokens.
- The exchange aims to improve capital use and provide flexibility across different asset classes.
Crypto exchange Bitget has enhanced its futures trading capabilities by incorporating tokenized stocks and ETFs as collateral for USDT-M futures. This update allows users to leverage assets like tokenized Apple (rAAPL), Tesla (rTSLA), and Nvidia (rNVDA), alongside 12 other equities and ETFs, within Bitget's Unified Trading Account system. The move aims to improve capital efficiency by enabling users to manage futures positions while maintaining exposure to traditional market-linked products without needing to convert holdings into a single settlement asset.
Bitget's Unified Trading Account consolidates spot assets, futures, and margin requirements into a single structure, facilitating better capital allocation across asset classes. The integration of tokenized stocks and ETFs as collateral broadens their utility beyond simple spot trading. Bitget CEO Gracy Chen highlighted that this expansion caters to user demand for greater flexibility and cross-market access within the platform.