余烬
余烬|May 26, 2026 12:37
Bitget builds its own RWA asset issuance platform, driving a surge in TradFi trading volume. Driven by the trading demand for TradFi (traditional finance such as US stocks and commodities), the RWA market has grown 29 times within a year. Now, Bitget has decided to become its own RWA asset issuance platform. Bitget is one of the earliest CEX providers and strong promoters of TradFi trading. Their US stock token trading is integrated with Ondo, and after Ondo is issued and minted, Bitget goes online for trading. This is suitable in the early stages or when the market size is not large enough, saving time and effort, without having to manually connect the entire chain, it can be used immediately. But now the market share of TradFi trading in the entire Crypto market is rapidly increasing, with daily trading volume reaching several billion dollars. In addition, the cross-border brokerage channel is now blocked, and a considerable number of users and funds will flow into the on chain US stock investment channel, which will further drive up TradFi trading volume. The market has a huge and clear prospect, coupled with the liquidity limitations of previous on chain US stock tokens, which should be the reason why Bitget decides its own fate. According to their announcement, their distribution platform Reality has been upgraded in terms of liquidity and compliance. Liquidity: Nasdaq/NYSE liquidity, near zero slippage, institutional level depth. You can apply for casting and redemption at 5x24 at any time. In addition, it also has DeFi composability, such as collateralized lending, wealth management, etc. Compliance: FINRA registered, SIPC member broker dealer, operates under self clearing mode, and the securities are ultimately registered with DTCC. At the same time, always ensure a reserve ratio of over 100% for excess collateral reserves. With a large market and better solutions, Bitget has chosen to hold the issuance rights of its assets in its own hands. If everything goes smoothly, then self issuance will become their core advantage/moat, and the impact will be far-reaching. Their rToken assets will be launched in early June, and we will see the outcome then.
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