Bitget Introduces Fixed Coupon Notes for US Stock rTokens

Bitget has introduced Fixed Coupon Notes (FCN) for US stock rTokens, combining traditional financial products with tokenized equities. The FCN Plan allows users to subscribe with USDT and earn a predefined USDT coupon during the holding period.

The launch marks Bitget's expansion of structured strategies built around tokenized equities, offering an alternative to spot trading. Users can select a strike price at which they are comfortable acquiring the linked rToken, rather than buying immediately at the prevailing market price.

At launch, the product is linked to popular US stock rTokens, including SNDK, MRVL, SKHY, NVDA, and MU. The structure provides an alternative to placing a conventional limit order, allowing users to set their target price in advance while earning a coupon during the product term.

'There are times when you want exposure to a stock, but the price is not where you want it to be,' said Gracy Chen, CEO of Bitget. 'FCN gives users a set price they are comfortable buying at and earn while they wait.'