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Bitget enables direct US stock purchases applying crypto

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Bitget enables direct US stock purchases using crypto.

Bitget has launched Stock+, a new offering under its Stocks 2.0 suite that allows users to purchase full and fractional U.S. stocks with digital assets converted into Circle's USDC stablecoin.

Key facts

Summary

The feature provides ownership of underlying shares, according to a statement shared with The Block. Bitget said the new feature also supports inbound transfers of existing U.S. stock holdings from participating brokers, allowing users to consolidate equity positions within a single portfolio. Stock+ trades are executed through U.S.-licensed brokers RQD Clearing and Atomic Vaults Securities, with order routing to Nasdaq, the NYSE, and compliant market makers, the exchange said. The global rollout is geographically restricted, with availability excluding residents of the UK, Australia, Canada, EU member states, Singapore, Hong Kong, South Korea, and several other jurisdictions including India, Kenya, and Vietnam.

Read full article at The Block →

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