Bitget, a Web3 firm and one of the world’s top cryptocurrency exchanges, has announced its strategic alliance with Global Markets, incorporated by Ondo Finance. This development aims to take a significant leap forward in leveraging tokenization to democratize access to real-world assets (RWAs).
This integration further strives to empower more than 120 million users to utilize tokenized U.S. stocks while investing in on-chain ETFs and money market funds. This advancement will diversify the pathways for portfolios, putting the traditional cryptocurrencies behind. Bitget has announced the development via its official X account.
Bitget to Enable Global Accessibility for Tokenized RWAs
Bitget is now a new member of the Global Markets Alliance, aiming to launch over 100 U.S.-based tokenized equities along with a few ETFs. These features will provide greater flexibility, borderless investment opportunities, and fractional ownership, offering 24/7 trading availability.
These offerings are often restricted in the traditional financial systems. This advanced move is set to solidify Bitget’s commitment to empowering users with faster and smarter trading. It further strives to infuse blockchain technology with that of conventional finance.
The CEO of Bitget, Gracy Chen, has highlighted the importance of this groundbreaking advancement, stating, “Tokenization will be the major driver of the next phase of digital asset adoption, its market is projected to reach trillions of dollars in the coming years. Supporting tokenized stocks is a step closer to our goal to help users trade smarter.”
Bitget to Strengthen its Position in the Ecosystem of Tokenized Finance
Ondo Finance has founded the Global Market Alliance to enhance platforms’ interoperability while standardizing the security of tokenization. Bitget is now supported by industry giants like Solana Foundation, Trust Wallet, LayerZero, BitGo, and Fireblocks. These foundations aim to strengthen the reputation of Bitget in this institutional-grade push into on-chain capital markets.
CEO of Ondo Finance, Nathan Allman, states, “Bringing Ondo’s tokenized stocks and ETFs to Bitget will represent a significant step forward in our mission to make global financial markets accessible onchain.”
Bitget processes more than 700 listed tokens and over 3.5 billion USDT daily trading volume. By integrating into tokenized RWAs, the platform is poised to cement its reputation as a backbone for digital and traditional assets alike. In this way. Bitget is set to create a link between centralized finance and decentralized innovation.
