Bitget's rToken Surpasses 2 Million Trades Amid Rapid Market Expansion

Bitget's rToken platform has experienced rapid growth since its launch in early June, surpassing 2 million trades within two months. This achievement places Bitget among the leading providers of blockchain-based representations of U.S. equities.

The product's success has been driven by direct liquidity connections to U.S. exchanges and real-time proof of 1:1 custody, providing users with greater visibility into the backing of tokenized instruments.

Bitget's transition from Ondo's integration to its own internally developed tokenized stock product in June appears to have contributed to increased product activity, improving access to liquidity and addressing concerns regarding asset backing.