余烬|Aug 04, 2026 12:00
[Bitget rToken Trading Volume Surpasses 2 Million, Overtakes Ondo as a Rising Star in the Market] Bitget's U.S. stock token (not a contract, FYI) rToken has exceeded 2 million trades. If I remember correctly, their rToken was launched in early June, so it's been exactly two months now. Their rToken's penetration rate in the overall stock token market is higher than I expected. Just a few days ago, I saw a news flash mentioning that Bitget rToken's trading volume has surpassed Ondo.
In the stock token space, the main players currently are:
1. Binance bStocks
2. Bitget rToken
3. Ondo
Previously, Bitget's stock tokens were integrated with Ondo, but in early June, they switched to launching their own rToken. I honestly didn’t expect them to surpass Ondo in just two months. Of course, their self-developed rToken has been optimized and upgraded in several aspects, significantly improving product strength and user experience. For example, they directly connect liquidity to U.S. stock exchanges to solve the issue of trading depth, and their real-time 1:1 proof of custody for actual stock assets addresses transparency concerns.
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