Key facts
- Bitget has launched a new feature called "Stock+".
- Stock+ allows users to purchase U.S. stocks directly using cryptocurrencies.
- USDC is one of the cryptocurrencies supported for stock purchases.
- The feature aims to bridge crypto and traditional financial markets.
- Users can gain direct ownership of shares.
- The feature provides access to cash dividends.
Crypto exchange Bitget has launched a new feature called "Stock+" that allows its users to purchase U.S. stocks directly using cryptocurrencies. The platform supports stablecoins like USDC for these transactions, aiming to bridge the gap between the digital asset market and traditional financial markets. Through Stock+, users can acquire direct ownership of shares in publicly traded U.S. companies. In addition to share ownership, the feature also provides access to benefits typically associated with traditional stock ownership, such as cash dividends. This development signifies an effort by Bitget to expand its service offerings beyond traditional cryptocurrency trading and to provide a more integrated financial experience for its user base. The introduction of Stock+ is expected to attract users interested in diversifying their investment portfolios by holding both digital and traditional assets within a single platform.