Crypto exchange Bitget has launched Reality, a platform focused on tokenizing real-world assets (RWAs), as the company deepens its push into tokenization.
In a Tuesday statement shared with The Block, Bitget said Reality will initially focus on tokenized exposure to selected U.S. stocks and exchange-traded funds, and will integrate the platform into Bitget's broader trading ecosystem.
Specifically, Reality will serve as the issuing platform for "rTokens," onchain representations of publicly traded equities and ETFs, according to the statement. Each rToken is 1:1 backed by real shares held with a FINRA-registered, SIPC-protected U.S. broker-dealer.
Bitget said Reality is designed to give users access to markets that geography, trading hours, fragmented platforms, and settlement barriers have traditionally constrained. For example, users will be able to use tokenized equities as unified account margin to maximize capital efficiency, the company said.
"Reality is built around Bitget's 10% vision: by 2030, nearly 10% of financial assets could exist in tokenized form," Bitget CEO Gracy Chen said in the statement. "Stablecoins, faster blockchain settlement, and growing interest from major exchanges are pushing RWAs from experiment to market infrastructure."
