The active market capitalization of tokenized stocks has surged more than 140 percent this year, a new report shows. This gain represents the rise from $814 million to $1.976 billion, driven by expanding retail demand for blockchain-based traditional assets.
Bitget stocks show impressive growth
According to the research, cryptocurrency exchange Bitget has gained massively from this surge of interest in digital equities. The platforms products like Bitget Stocks 2.0 and crypto-native offering, Reality rTokens have shown tremendous growth. The latter generated $1.16 billion in cumulative spot trading volume between June 2 and July 19, averaging $24.2 million per day.
Research shows that retail investors drove trading activity, accounting for 95 percent of the total volume, amounting to over $1 billion, with an average trade size of $422. Institutional traders contributed $56.4 million during the same period.
Trading remains heavily concentrated in specific sectors with the top 10 rToken markets accounting for 83 percent of total volume, led by semiconductor-related exposure at 46.6 percent and technology stocks at 34.3 percent. Individual tokenized shares of Nvidia led all assets, securing 28 percent of total volume.
How Bitget targets different market segments
Bitget Stock+ serves users looking for traditional equity investing by providing direct share ownership of over 10,000 U.S. stocks and ETFs. Execution, clearing, and custody for Stock+ are entirely processed off-chain through a network of regulated financial firms, including RQD Clearing and U.S.-licensed broker-dealer Atomic Vaults Securities. These assets are tied to traditional brokerage accounts and cannot be transferred to crypto wallets.
On the other hand, Reality rTokens function as a crypto-native equity asset backed entirely by underlying securities held in segregated acciunts through Alpaca Securities. Managed via the Reality Protocol issuance layer, rTokens offer fractional trading, stablecoin settlement, 24/6 secondary market trading, and the ability to transfer assets to external Web3 wallets. Daily independent reserve audits are conducted by a certified public accounting firm.
Bitget’s stablecoin dividend payout model
The report also points out a stark structural difference between Bitget and its main competitors, including Binance, Kraken, Bybit, and Ondo Stocks. While these platforms generally employ a payout model that automatically reinvests dividends back into the token, Bitget distributes eligible cash dividends separately through stablecoins. Bitget also deploys a delayed settlement model where the users’ intent to transact isn’t instantly executed. This reduces transaction activity and improves capital efficiency in the markets.
The data also shows significant liquidity concentration in stock-linked derivatives, with Bitget showing lowest platform-level benchmarks. Across 36 analyzed stock perpetual contracts, Bitget captured 61 percent of total aggregate order-book depth within 5 basis points of the midpoint price, providing over three times the combined liquidity of second-placed Binance.
The platform maintained a similar lead in commodities, capturing the highest aggregate depth across eight analyzed metals and commodity perpetual contracts. In that segment, Bitget outpaced Binance’s depth by 1.5 to 1.8 times across all measured basis point metrics.
