Bitget Tokenized Equities Soar to New Heights

Bitget's tokenized equities business has seen significant growth since its launch. The platform reported over $114 million in assets under management within five weeks, with a cumulative trading volume of $671.37 million and an average daily activity of $19.75 million.

The number of users trading on the platform increased by 18 times from its launch level, indicating that tokenized equities are becoming more than just a one-off experiment for traders. In fact, 42.87% of first-time buyers increased their positions within seven days, showing a trend towards repeat purchases.

This growth is not limited to rTokens alone. Bitget's July report showed a 121.95% month-over-month increase in rToken trading volume and a record 127,691 daily transactions in a single session.