According to reports from Bitget, the exchange has launched Reality, a regulated tokenization platform offering over 100 tokenized assets, including U.S. stocks and ETFs backed 1:1 through regulated brokers. The platform issues rTokens, which are blockchain-based representations of publicly traded equities and exchange-traded funds backed 1:1 by real shares held through FINRA-registered and SIPC-protected infrastructure tied to major U.S. exchanges including Nasdaq and the NYSE. Reality supports 24/5 minting and redemption capabilities, stablecoin dividend payouts, and DeFi-compatible tokenized assets.
As reported by Bitget, CEO Gracy Chen expects tokenized assets to account for nearly 10% of global financial assets by 2030. Chen attributed this growth outlook to stablecoin adoption, faster blockchain settlement systems, and rising interest from crypto exchanges and financial firms. The platform will initially focus on tokenized exposure to selected U.S. stocks and ETFs before extending into other asset classes such as bonds and Treasuries. Users will be able to mint and redeem rTokens using stablecoins on a 24/5 basis while using those assets as collateral across decentralized finance applications.
According to Bitget, the exchange has expanded its tokenized offerings with SpaceX-linked pre-IPO products, including the SPCXUSDT perpetual contract and preSPAX spot exposure. The SPCXUSDT derivative product allows traders to speculate on SpaceX valuation movements without owning equity in the company itself, trading around the clock, settling in USDT, and supporting leverage of up to 5x with funding fees charged every eight hours. As reported by crypto.news, SpaceX could target a Nasdaq listing as early as June 12 under the ticker SPCX, potentially seeking a valuation near $1.75 trillion while pursuing roughly $75 billion through the offering.
As reported by Bitget, Reality has undergone independent smart contract audits and reserve attestations through accounting firm The Network Firm, with reserve ratios maintained above 100% for all issued rTokens. The platform addresses long-running issues in the tokenized asset market, particularly limited liquidity and inconsistent handling of dividends and corporate actions. Dividend payouts tied to rTokens will be distributed directly in stablecoins instead of being reinvested into token prices, with the company positioning Reality as a response to these market challenges.
According to Bitget's announcement, the exchange's tokenized products lineup now includes access to more than 100 tokenized stocks, ETFs, commodities, gold products, and foreign exchange instruments. Outside the crypto sector, traditional finance institutions have discussed tokenization's role in capital markets infrastructure, with JPMorgan's global head of ETF product noting that tokenization could change not only ETFs but the wider funds industry. Investment firm ARK Invest has projected that tokenized assets could exceed $11 trillion by 2030, while data from RWA.xyz currently values the real-world asset sector at approximately $34.1 billion, including roughly $15.3 billion tied to tokenized U.S. Treasury products.
