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Bitget Joins Ondo's Global Markets Alliance to Expand Global Access to Over Hundred Tokenized RWAs

Bitget Joins Ondo's Global Markets Alliance to Expand Global Access to Over Hundred Tokenized RWAs

VICTORIA, Seychelles, July 17, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility of tokenized real-world assets (RWAs), including tokenized stocks, ETFs, and more.
As part of this partnership, Bitget users will soon be able to access over 100 tokenized U.S. equities, ETFs, and money market funds, expanding their investment universe beyond traditional crypto assets. The new offerings will go live on Bitget later this summer, aligning with the platform's vision of enabling users to trade smarter and build diversified, resilient portfolios across varied markets.
Tokenized RWAs are an emerging segment in digital assets, created by the fusion of traditional finance and blockchain technology. By wrapping real-world assets, like equities, into blockchain-based tokens, they allow for 24/7 trading, lower barriers to entry, fractional ownership, and global accessibility. Features that are often limited or entirely unavailable in traditional financial systems are widely utilized.
'Tokenization will be the major driver of the next phase of digital asset adoption, its market is projected to reach trillions of dollars in the coming years. Supporting tokenized stocks is a step closer to our goal to help users trade smarter,' said Gracy Chen, CEO at Bitget. 'Through our partnership with Ondo and the Global Markets Alliance, we're contributing to a more global, liquid, accessible, and inclusive financial market.'
Ondo's Global Markets Alliance was created to bring together trusted infrastructure partners, exchanges, custodians, and DeFi platforms to unlock borderless access to high-quality financial products. Its mission is to build a more open, inclusive, and interoperable financial system powered by tokenized assets. Founding members of the alliance include industry leaders such as Solana Foundation, LayerZero, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, Alpaca, and now Bitget, among others.
'Bringing Ondo's tokenized stocks and ETFs to Bitget will represent a significant step forward in our mission to make global financial markets accessible onchain. Bitget's expansive user base will become a critical platform for onchain access to US equities as we continue building the infrastructure for institutional-grade onchain capital markets.' — Nathan Allman, CEO & Founder, Ondo Finance
With over 700 tokens listed and daily trading volume surpassing 3.5 billion USDT, Bitget ranks as the third-largest spot exchange globally according to CoinGecko. The addition of tokenized stocks and ETFs enable Bitget as an extensive ecosystem of crypto products, helping users navigate both digital and traditional assets.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world's most thrilling championships.
Risk Warning:
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae0898b9-37f8-4bb9-be24-7ad71464ce89
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Why Major Retailers Are Secretly Planning Their Own Stablecoins (and What It Means for Investors)
Why Major Retailers Are Secretly Planning Their Own Stablecoins (and What It Means for Investors)

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Why Major Retailers Are Secretly Planning Their Own Stablecoins (and What It Means for Investors)

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Why you might one day use stablecoins in place of credit cards or bank accounts
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time6 hours ago

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Upon signing the act into law, Trump — whose family owns a stake in World Liberty Financial, which recently launched a stablecoin of its own — said the GENIUS Act 'creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins.' The law establishes who can issue stablecoins and requires a 1:1 reserve backing with cash or short-term US Treasury securities. In other words, if you buy $1 of stablecoin, the issuer must keep $1 in cash or cash equivalents in reserve. It also establishes various marketing rules, like prohibiting issuers from advertising that their stablecoins are federally backed or insured, as well as anti-money laundering regulations. 'The GENIUS Act is a major step toward making stablecoins safer and more widely used,' said Erick McAfee, director of growth at pay-as-you-go app Supertab. 'With clear rules in place, people will start to see faster, simpler ways to pay and get paid, especially online. 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Investment banking giant Morgan Stanley compared the prospect to digital prepaid gift cards in a recent report to clients. Essentially, you're giving money to a retailer to hold on to so that you can spend it at a later date. Greater acceptance of micro-payments Credit card processing fees make it prohibitively expensive for businesses to accept micro-payments of a few cents to a few dollars. But micro-payments could gain acceptance if stablecoin usage takes off. 'Before, sending someone a few cents wasn't worth it because the fees were higher than the payment itself,' McAfee said. 'With stablecoin, you can support creators, pay per article or feature, or tip someone instantly, without worrying about cost or delays. It supports entirely new monetization models that reward engagement, not just big purchases.' Faster, cheaper international transfers If you've ever sent funds to loved ones in another country, you're no doubt familiar with the pain points of making international transfers. The World Bank estimates that remittances cost the sender about 6.62% of each transfer, which amounts to about $31 of a $500 transfer. International wire transfers can also take anywhere from one to five days to complete. Wider adoption of stablecoins could be a game-changer for international transfers, given the low costs and speed. Cross-border stablecoin foreign transaction fees are minimal, and transfers can be executed immediately. 'What used to take days and cost $30-plus now takes seconds and costs less than a penny,' Hudack said. Your bank will want in on the action Given the potential disruption to traditional payment rails, major financial institutions are exploring whether to issue their own stablecoins. Bank of America, JPMorgan & Chase, Wells Fargo, and Citigroup have explored the possibility of issuing stablecoins, both independently or by teaming up. But the impact on you and your bank account has yet to be seen. Under the GENIUS Act, stablecoin issuers are banned from paying interest on stablecoins held in reserve. Unlike money you might park in a high-yield savings account and earn 3% or 4% interest on, funds held in stablecoins aren't earning interest. Also, funds held in stablecoins aren't insured by the Federal Insurance Deposit Corp. or the National Credit Union Association. You may not even notice you're using stablecoins If the idea of converting your dollars to stablecoins gives you a headache, rest assured: A lot of the changes you could see as the result of broader stablecoin usage won't require you to understand how stablecoin works. 'At first, stablecoins will just be implemented in the background. Instead of routing through banking rails, your payment might move over a stablecoin network and settle instantly,' Hudack said. 'You won't need to think about 'converting' into stablecoins any more than you think about how Netflix streams video through fiber.' He points to his own platform, Sling Money, as an example: It uses stablecoins to facilitate transfers, but users move money in the same way they would with other platforms. 'The only difference for the end-consumer is that the transaction is near-instant and near-free,' Hudack said. 'But the fundamental physics of stablecoins are different than fiat money and enable a lot of new experiences that aren't otherwise possible.' Sign up for the Mind Your Money newsletter Sign in to access your portfolio

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