Bitget Introduces Tokenised US Stock Notes for Investors
Bitget has introduced a Fixed Coupon Note plan for tokenised US stocks. This innovative product allows users to buy into US equities without immediately purchasing them at market price.
The note settles in USDT and can deliver US stock rTokens at maturity. Users can subscribe with USDT and receive a predefined coupon in USDT during the holding period. The structure resembles an alternative to a standard limit order, but instead offers a coupon over the life of the note while waiting for one of two outcomes at maturity.
The product is linked to rTokens tied to SNDK, MRVL, SKHY, NVDA and MU at launch. Gracy Chen, CEO of Bitget, stated 'There are times when you want exposure to a stock but the price is not where you want it to be.' The FCN gives users a set price they're comfortable buying at and earn while waiting.