|

Bitget and Bitget Wallet Support Trading of Over 100 Tokenized Assets via Ondo Finance

™

Bitget, the main cryptocurrency trade, in addition to Bitget Wallet, the self-custodial crypto pockets, have launched dwell buying and selling of tokenized real-world belongings (RWAs) inside their respective apps via the official integration with Ondo Finance. This makes the respective firms among the many first to offer entry to tokenized shares and ETFs for customers exterior of the U.S. Through this partnership with its licensed associate Ondo Finance, the 2 firms have respectively change into the choice entry factors to conventional monetary markets within the decentralized monetary house. By combining blockchain’s inherent capabilities, high-security infrastructure, and entry to international buying and selling choices, every firm has broadened retail entry to monetary merchandise usually reserved for institutional buyers.

Through a newly launched RWA module, Bitget Onchain and Bitget Wallet customers respectively can browse, analyze, and commerce over 100 tokenized shares and ETFs, the most important onchain choice out there at this time. Each token affords total-return publicity to its underlying safety, reflecting value actions and reinvested dividends whereas being totally backed by real-world belongings held with regulated custodians. The tokens can be found for buy with a minimal funding of $1. Rather than counting on onchain liquidity swimming pools, Ondo’s tokenized belongings faucet instantly into the liquidity of conventional fairness markets, providing execution corresponding to conventional exchanges via its Global Markets infrastructure. The service is accessible to eligible customers, wдith the exclusion of sure markets, together with some US customers. Currently out there on Ethereum, these tokenized belongings will quickly develop to Solana, BNB Chain, and different supported blockchains.

“The Bitget ecosystem thrives on the success of bridging TradFi autos to the brand new age of decentralized finance. With Bitget’s trade platform and the self-custodial pockets enabling Ondo’s tokenized belongings, we’re bringing high-potential international investments to the crypto market with out having to undergo the trouble that was beforehand confronted with accessing these devices. This is what the long run of finance now seems like,” mentioned Gracy Chen, CEO at Bitget.

“Real-world belongings are actually an integral half of the onchain financial system,” mentioned Jamie Elkaleh, Chief Marketing Officer of Bitget (*100*). “Integrating Ondo Finance marks a key step in our technique to place Bitget (*100*) as a worldwide asset passport, advancing our Crypto for Everyone imaginative and prescient by offering borderless entry to international monetary markets via blockchain and self-custody infrastructure.” Supporting over 130 blockchains, the pockets plans to develop its RWA choices to incorporate further tokenized monetary merchandise in future updates.

Ondo Finance is a regulated platform targeted on tokenizing publicly traded shares and ETFs. With over $1 billion in belongings below administration, the agency’s tokenized securities are issued below a bankruptcy-remote authorized construction and topic to day by day third-party attestations. 

“Ondo Global Markets is a breakthrough in monetary entry,” mentioned Nathan Allman, Founder and CEO of Ondo Finance. “Global buyers can now entry the most important choice of tokenized U.S. shares and ETFs onchain. We noticed stablecoins export the U.S. greenback by bringing it onchain. Now, Ondo Global Markets is doing the identical factor for U.S. securities.”

Previously, Bitget trade and Bitget (*100*) joined Ondo Finance’s Global Markets Alliance to advance tokenized real-world belongings (RWAs). With this new integration, Bitget has expanded into a variety of international investments via partnership with Ondo Finance’s licensed infrastructure, offering a CeDeFi ecosystem for customers to diversify portfolios.

Assets out there via the brand new characteristic embrace tokenized representations of firms equivalent to Apple, Tesla, Microsoft, Amazon, and Nvidia, alongside main ETFs. All belongings are denominated in USD and tradeable on a 24/7 schedule, providing broader entry to conventional markets via blockchain-based infrastructure, with eligibility decided by regional rules. Global customers can now entry tokenized shares and ETFs from the Bitget or Bitget (*100*) app, with out counting on brokerage accounts or banking intermediaries. Bitget (*100*) can even associate with Ondo to launch a sequence of campaigns aimed toward accelerating the adoption of tokenized merchandise. The platform plans to scale its tokenized asset choice to over 1,000 shares and ETFs within the coming months.

For extra info, please go to Bitget Wallet blog

About Bitget

Established in 2018, Bitget is the world’s main cryptocurrency exchange and Web3 firm. Serving over 120 million customers in 150+ nations and areas, the Bitget trade is dedicated to serving to customers commerce smarter with its pioneering copy buying and selling characteristic and different buying and selling options, whereas providing real-time entry to Bitcoin price, Ethereum price, and different cryptocurrency costs.

Bitget is driving crypto adoption via strategic partnerships, equivalent to its function because the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its international influence technique, Bitget has joined fingers with UNICEF to assist blockchain schooling for 1.1 million individuals by 2027. In the world of motorsports, Bitget is the unique cryptocurrency trade associate of MotoGP™, one of the world’s most thrilling championships.

For extra info, go to: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: media@bitget.com

About Bitget (*100*)

Bitget Wallet is a non-custodial crypto pockets designed to make crypto easy and safe for everybody. With over 80 million customers, it brings collectively a full suite of crypto providers, together with swaps, market insights, staking, rewards, DApp exploration, and fee options. Supporting 130+ blockchains and thousands and thousands of tokens, Bitget (*100*) allows seamless multi-chain buying and selling throughout lots of of DEXs and cross-chain bridges. Backed by a $300+ million person safety fund, it ensures the best stage of safety for customers’ belongings. Its imaginative and prescient is Crypto for Everyone — to make crypto easier, safer, and half of on a regular basis life for a billion individuals.

For extra info, go to: X | Telegram | YouTube | LinkedIn | TikTok | Discord | Facebook

For media inquiries, contact media.web3@bitget.com

About Ondo Finance

Ondo Finance is constructing the infrastructure to carry monetary markets onchain. Its mission is to speed up the adoption of an open, international financial system by creating clear, accessible, and environment friendly monetary merchandise and platforms. Ondo’s product suite consists of tokenized securities, onchain funds, and the institutional-grade infrastructure to assist them.

To be taught extra, go to https://ondo.finance

Risk Warning: Digital asset costs are topic to fluctuation and might expertise important volatility. Investors are suggested to solely allocate funds they will afford to lose. The worth of any funding could also be impacted, and there’s a chance that monetary aims will not be met, nor the principal funding recovered. Independent monetary recommendation ought to all the time be sought, and private monetary expertise and standing fastidiously thought of. Past efficiency just isn’t a dependable indicator of future outcomes. Bitget accepts no legal responsibility for any potential losses incurred. Nothing contained herein needs to be construed as monetary recommendation. For additional info, please discuss with our Terms of Use. Pursuant to its Terms of Use, Bitget doesn’t serve any customers within the US or its territories. All regulated actions regarding the offerance of tokenized equities within the US are performed by Ondo Finance via its related licenses and approvals.

The publish Bitget and Bitget Wallet Support Trading of Over 100 Tokenized Assets via Ondo Finance appeared first on BeInCrypto.

Similar Posts