Exclusive: Bitget Wallet adds tokenized U.S. stocks through Reality integration
Investing.com -- Bitget Wallet has integrated tokenized-asset protocol Reality, giving users of the self-custodial crypto wallet access to more than 1,700 tokenized stocks and exchange-traded funds, Investing.com has learned.
The move comes amid a continued move among crypto platforms to offer exposure to U.S. equities, a fast-growing corner of the market.
Bitget Wallet, which says it has 100 million users worldwide, already listed tokenized equities from Ondo and xStocks.
Reality's addition, initially live on the Arbitrum and Morph chains, gives it what the company called one of the broadest tokenized-equity line-ups available through a self-custodial wallet.
Reality issues tokens known as rTokens that track more than 600 U.S. stocks and ETFs. Each is backed one-to-one by shares held at Alpaca Securities, a FINRA-registered, SIPC-member broker-dealer, with reserves attested daily by a third-party accounting firm, according to the company.
During U.S. market hours, orders are routed to Nasdaq and New York Stock Exchange liquidity rather than to onchain pools alone.
Holders receive dividends in stablecoins directly to their wallets, and corporate actions such as stock splits are applied automatically. The tokens can also be used within other decentralized-finance applications, including as collateral.
Bitget Wallet's real-world asset trading volume was said to have risen 27% in the second quarter from the previous three months, with Europe, South Asia and Southeast Asia among its biggest markets. It plans to expand asset coverage and add further protocol integrations.