Tokenization · Ark Invest · Cathie Wood · The Block
Bitget ships RWA service Reality in tokenization push
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Crypto exchange Bitget has launched Reality, a platform focused on tokenizing real-world assets (RWAs), as the company deepens its push into tokenization.
Key facts
- In January, Ark Invest, an investment firm led by Cathie Wood, projected that tokenized assets could surpass $11 trillion by 2030
- 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
- According to the Tuesday statement, Bitget offers access to more than 100 tokenized stocks, ETFs, commodities, FX, and gold
- Crypto exchange Bitget has launched Reality, a platform focused on tokenizing real-world assets (RWAs), as the company deepens its push into tokenization
Summary
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. Bitget said Reality is designed to give users access to markets that geography, trading hours, fragmented platforms, and settlement barriers have traditionally constrained. "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.