Bitget Wallet Unveils Assetback Cashback Program with Tokenized Rewards

Bitget Wallet has introduced Assetback, a cashback program that rewards users with tokenized assets. The feature allows holders of the Bitget Wallet Card to choose their preferred cashback asset from three options: Tether Gold ($XAUT), tokenized U.S. exchange-traded funds and stocks via xStocks, or Bitcoin ($BTC). This approach eliminates the need for users to make investment decisions at checkout.

With Assetback, qualified users can earn up to 3% cashback on their purchases, which is then converted into a chosen investment asset. The program aims to increase accessibility to tokenized financial products, particularly in areas where investing in U.S. equities is difficult or expensive.

According to Bitget Wallet's Chief Operating Officer, Alvin Kan, Assetback 'becomes more than a rebate, it becomes a simple way to build long-term wealth' when every purchase can accumulate fractional ownership of stocks, commodities, or Bitcoin.