Reality Protocol Reaches $138M Market Cap on Arbitrum One with Tokenized Stocks
Reality Protocol has made significant strides in tokenizing traditional stocks on the blockchain, reaching a market cap of $138M on Arbitrum One. The protocol, behind Bitget's Stocks 2.0 initiative, has issued 69 tokens that collectively trade as ERC-20 assets with 1:1 economic exposure to their underlying US equities.
The three largest assets by market cap are rMU (Micron), rSNDK (SanDisk), and rNVDA (NVIDIA), each designed to track the price of an actual stock, backed by real shares held in custody. Independent daily Proof-of-Reserve audits are conducted by The Network Firm, with results verifiable at realityfinance.xyz.
Bitget has expanded collateral eligibility for staking loans to 103 rTokens, adding 38 new Reality-issued assets to the supported list. This expansion demonstrates the company's commitment to making tokenized stocks a core part of its platform.