Bitget and Ondo services have launched trading in tokenized assets, including stocks of companies like Apple and Tesla, as well as large indices. This new investment approach promises to enhance accessibility for retail clients.
What Are Tokenized Assets?
Tokenized assets are digital versions of traditional financial instruments that allow investors to trade assets on the blockchain. They provide the opportunity to trade 24/7 and simplify cross-border investing.
Launch and Features of the New Platform
Bitget users can now trade tokenized versions of large company stocks such as Apple, Tesla, and Microsoft, as well as indices. Ondo's infrastructure connects directly to traditional equity markets, allowing tokens to reflect their real-world value. Bitget CEO Gracy Chen pointed out that tokenized assets simplify investments for retail users.
Future of Tokenized Assets and Expansion Plans
Future plans include expanding the offering from the current 100+ tokens to over 1,000 stocks and ETFs, while also integrating with additional blockchains beyond Ethereum, including Solana and BNB Chain. Thus, the collaboration signals a major step in bringing traditional markets onto blockchain rails.
The launch of tokenized assets on the Bitget platform opens up new opportunities for investors looking for wider accessibility and convenience in trading assets on the blockchain.
