Bitget Introduces Fixed Coupon Notes for US Stock rTokens

Bitget has introduced Fixed Coupon Notes (FCN) for US stock rTokens, expanding its Universal Exchange strategy and bringing structured products to tokenized equities. The new FCN structure allows users to subscribe with USDT and earn a predefined USDT coupon during the holding period.

The launch combines USDT settlement, US stock rToken delivery, and a structured product mechanism used in traditional finance. Bitget is the first crypto exchange to offer this combination. Users can select from popular US stock rTokens, including SNDK, MRVL, SKHY, NVDA, and MU, and subscribe with USDT at a specific strike price.

At maturity, users receive their principal plus the predefined coupon if the observation price is at or above the strike price. If it's below, the principal is converted into the linked rToken at the strike price, while the coupon is paid in USDT. Gracy Chen, CEO of Bitget, said, 'There are times when you want exposure to a stock but the price is not where you want it to be.' FCN gives users a set price they're comfortable buying at and earn while waiting.

Bitget will run an FCN campaign from August 17 to September 18, 2026, with rewards available for eligible first-time and cumulative subscribers. The launch further expands Bitget's rToken ecosystem and its Universal Exchange strategy, which brings crypto and traditional financial assets into a unified trading environment.