Bitget's rToken Surpasses $100 Million in AUM, Paving Way for Cross-Asset Strategies

rToken, a US stock token launched by Bitget in early June, has reached an impressive AUM of over $114 million just one month after its launch. With a cumulative trading volume of $670 million, the demand for traditional financial assets like US stocks on crypto platforms is clearly growing.

Gracy, CEO of Bitget, notes that while surpassing $100 million in AUM is an important milestone, it's only the first step. The focus now shifts to providing practical uses for users after the assets are launched.

The next stage will see the integration of different assets into a unified account to improve capital efficiency. For example, rToken can serve as unified collateral, allowing different assets to share funds and support cross-asset strategies, lending, APIs, and quantitative trading.