Bitget and Bitget Wallet launch US stock tokens supported by Ondo

Bitget and Bitget Wallet announced that they have integrated Ondo Finance to support hundreds of Reliable Transaction Account (RWA) (RWA) US stock tokens. These tokens are now available for trading on Bitget's onchain platform and in the RWA section of Bitget Wallet. Supported assets include Ondo Finance-issued stocks of well-known companies such as Apple, Tesla, Microsoft, Amazon, and Nvidia, as well as mainstream index funds. All assets are held in custody by a regulated US custodian, and the tokens reflect the underlying asset's price fluctuations and dividend yields. The minimum investment threshold is $1. All assets are denominated in US dollars and trading is available 24/7. Unlike other on-chain US stock trading platforms, stock trading on Bitget Wallet adheres to decentralized principles and adopts a Know Your Customer (KYC) model, allowing users to trade directly without undergoing KYC procedures. Gracy Chen, CEO of Bitget, said: "We are delighted to be the first platform to support direct trading of hundreds of RWA US stock assets through CEX assets. Bitget has always been committed to building a bridge between traditional finance and decentralized finance. This simultaneous support of RWA assets through both the exchange and Web 3 wallet will introduce high-quality global investment targets into the crypto ecosystem, allowing users to participate in it with a lower threshold and smoother way. This is highly consistent with our vision of 'future finance'."