Svmuu News: Bitget announced that the assets under management (AUM) for its stock token (rToken) products have surpassed $100 million just one month after launch. As of July 6, the number of users trading these assets exceeded 100,000, with a cumulative trading volume of $671.37 million.
In terms of asset distribution, rSPCX is currently the rToken with the highest Total Value Locked (TVL), accounting for 23.51%; rCSCO and rNVDA follow with 17.75% and 13.38%, respectively.The overall rankings show that early demand for rTokens was primarily driven by highly sought-after private market assets and technology-related assets, with AI infrastructure assets emerging as a key demand cluster, covering areas such as networking, chips, storage, and semiconductors.
It is reported that rTokens, identified by the letter “r” followed by a stock ticker (e.g., NVIDIA for rNVDA), are issued by Reality—a licensed RWA protocol under Bitget. Through a partnership with the compliant brokerage firm Alpaca, they connect directly to global liquidity pools such as Nasdaq and the New York Stock Exchange. Their key features include:Underlying assets are backed by a 1:1 reserve and held in custody by a licensed custodian; stock dividends are distributed 1:1 in token form; corporate actions such as stock splits and reverse stock splits are synchronously mapped; and positions can be used as joint margin for unified accounts and U-denominated contracts, allowing users to flexibly manage their funds while holding global equity assets.