Bitget Adds Tokenized U.S. Stocks to Dual Investment Product
By Rick Steves
AI summary of the source article
Bitget has partnered with VETA Finance to add tokenized U.S. equities to its Stock Dual Investment product. The offering supports rNVDA, rGOOGL, and rAMD, allowing users to earn yield while pursuing target-price strategies.
Why it matters
Bitget CEO Gracy Chen stated the structure is "intended to let investors earn yield while pursuing a target price," while VETA founder Daniel Yu described tokenization as "bringing equities on-chain and structured products as a way to build yield-generating products around them."
Key facts
- Bitget added tokenized exposures linked to NVIDIA (rNVDA), Alphabet (rGOOGL), and AMD (rAMD) to its Stock Dual Investment product.
- VETA Finance is providing structured-product infrastructure, including product structuring, pricing, hedging, execution, and settlement.
- The offering uses conditional settlement via 'Buy Low' and 'Sell High' strategies, settling in USDT or the tokenized equity at maturity.
Source excerpt · FinanceFeeds
Bitget has expanded its Stock Dual Investment product through a partnership with VETA Finance , adding tokenized U.S. equities as underlying assets for fixed-term target-price strategies. The product currently supports rNVDA, rGOOGL and rAMD, which Bitget describes as tokenized exposures linked to NVIDIA, Alphabet and AMD. The announcement does not set out the legal rights attached to each token,…