Bitget Unveils FCN Notes for rToken Stocks with Fixed Coupon Yield

Bitget has introduced FCN (Fixed Coupon Notes) structured products for its rToken US stock tokens, which allows investors to earn a fixed yield on their investment. The FCN notes are rooted in options mechanics from traditional markets and offer a unique way for investors to profit from the growth of stocks like Nvidia.

The FCN notes allow investors to commit USDT (Tether) for a set period at a discounted strike price, which is currently $202.5 on Nvidia trading at $225 with 20% annualized interest. If the price stays above the strike at expiry, investors will recover their principal plus $167 in interest. However, if the price drops sharply below the execution level, they will receive rNVDA tokens at the strike price plus the same interest.

The setup provides a fixed yield that beats plain limit orders but carries downside risk, making it an attractive option for investors looking to diversify their portfolios and earn returns from the growth of US stock tokens.