Bitget Brings Structured Products to Tokenized Stocks with FCN Plan
Bitget has introduced its Fixed Coupon Note (FCN) Plan, allowing users to subscribe with USDT and earn a predefined USDT coupon during the holding period. This new product combines an FCN structure with USDT settlement and delivery of U.S. stock rTokens.
The launch supports several U.S. stock rTokens, including NVDA, MU, SNDK, MRVL, and SKHY. Users can choose a strike price and earn a USDT coupon while waiting for stock exposure.
Bitget's CEO Gracy Chen stated that the product is intended for situations where investors want exposure to a stock but are unwilling to buy at its current price. 'FCN gives users a set price they are comfortable buying at and earn while they wait,' Chen said.