Bitget Offers Fixed Coupon Notes for Tokenized US Stocks
Bitget has introduced its Fixed Coupon Note (FCN) Plan, allowing users to gain exposure to tokenized US equities with a fixed coupon.
The selected stock rTokens include SNDK, MRVL, SKHY, NVDA, and MU. Users can select a strike price for the stock rToken and deposit USDT for a specific duration.
The settlement will be based on the asset's price at maturity compared to the strike price. If the selected price is 100% or more, users receive their principal and the specified coupon in USDT.
If the price goes below the strike, the principal is traded for the corresponding rToken at the agreed price, and the coupon is paid in USDT.
The FCN Plan is designed to provide a potential entry point into an equity without having to buy it at the market price. According to Bitget CEO Gracy Chen, 'FCN gives users a set price they are comfortable buying at and earn while they wait.'