Bitget Adds 98 New U.S. Stocks and ETFs in Partnership with Ondo

Bitget, the cryptocurrency exchange, has expanded its partnership with Ondo, introducing 98 new tokenized U.S. stocks and ETFs to its platform. This addition enhances Bitget's existing portfolio, which now exceeds 200 tokenized stocks, featuring well-known companies like Apple, Tesla, Nvidia, and Alphabet.

The newly listed instruments span several categories, including:

• short-term U.S. Treasury bonds (SGOV);
• various stocks from sectors such as technology, energy, industrial, medical, financial, and consumer;
• commodity ETFs, including gold (GLD), oil (USO), copper mining (COPX), and rare earth metals (REMX);
• index funds (VTI), alongside leveraged and inverse ETFs (TQQQ, SQQQ).

Settlements for these trades are conducted in USDT, a stablecoin. The addition of these financial products reflects a growing demand among investors for a streamlined approach to accessing both cryptocurrencies and traditional assets.

"Investors today want easy access to both cryptocurrencies and traditional financial instruments such as stocks and commodities. We aim to bridge this gap by offering a diverse range of global assets," stated Gracy Chen, CEO of Bitget.

This development aligns with Bitget's vision of becoming a universal exchange, facilitating trading between crypto assets and tokenized securities through a singular interface. Notably, Ondo Finance's RWA initiative launched Ondo Global Markets in September, with its products initially available on the Ethereum network and later on the BNB Chain as well.