Bitget Launches Tokenized Tesla Stock rTSLA for Crypto Users

Bitget's tokenized Tesla stock, rTSLA, is a cryptocurrency that tracks the economic performance of real Tesla shares. It is backed by underlying equity held through licensed U.S. broker-dealer infrastructure partner Alpaca.

rTSLA can be traded on Bitget with USDT, and users who hold it in their account can use it as margin collateral for futures and lending.

The key difference between rTSLA and traditional Tesla shares is that buying rTSLA does not make a user the legal owner of Tesla common stock. It gives them tokenized, USDT-denominated exposure to Tesla's economic performance.

rTSLA is designed for crypto users who want to access Tesla exposure without opening a separate brokerage account or waiting on bank settlement times.