Bitget announced that its tokenized stock product, rToken, has surpassed $1 billion in cumulative trading volume, a milestone the exchange pointed to as evidence of rising demand for tokenized exposure to traditional equities.

rToken allows users on Bitget to gain exposure to shares of publicly traded companies through blockchain-based tokens, part of a broader wave of exchanges building out real-world asset products that blend traditional securities markets with crypto trading infrastructure.

Bitget's Tokenized Stock Product Surpasses $1 Billion in Trading Volume
Image via @bitget on X

Tokenized equities gaining traction across exchanges

Bitget is not alone in pushing into tokenized stocks. Rival exchanges have also been expanding into the space this year, offering pre-IPO and listed-company tokens that let users trade equity-linked products without leaving their existing crypto accounts.

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The $1 billion volume figure represents cumulative activity since rToken's launch rather than a single-period metric, and Bitget did not break down the number by specific stocks or time periods in its announcement.

A bet on crossover demand

The milestone reflects exchanges' broader bet that crypto-native users want exposure to traditional markets without opening separate brokerage accounts, and that traditional investors may be drawn to tokenized structures for their round-the-clock trading and settlement speed. Whether that crossover demand continues to scale will likely determine how aggressively Bitget and its competitors keep expanding their tokenized equity offerings.