Bitget Boosts Transparency with Daily Third-Party Verification

Bitget has taken steps to increase transparency in its operations by implementing daily third-party verification for its tokenized U.S. stock products, known as 'rToken'.

The exchange has partnered with The Network Firm, a licensed U.S. accounting auditing firm, which will conduct daily and monthly audits of the asset backing for these products.

As part of this process, auditors will have direct access to Bitget's brokerage accounts and on-chain smart contract data, providing real-time public disclosure of reserve ratios.

The reserve ratio is required to remain at or above 100%, and any decrease below this threshold will be promptly disclosed by Bitget.