Bitget Targets 40% of Tokenized Stock Trading by 2030, Boosts TradFi with One-Click Access
Bitget upgraded its mobile app to integrate crypto and traditional finance, aiming for 40% of tokenized stock trading by 2030.Summary
Bitget, a Universal Exchange (UEX), has launched a major mobile app upgrade that places crypto and traditional financial markets side-by-side, reflecting the trend of traders moving between asset classes. This follows their earlier introduction of TradFi trading, offering access to stocks, FX, indices, and commodities settled in USDT. Bitget believes crypto is evolving into a global financial infrastructure, estimating that exchanges could handle 20-40% of the projected $160-$200 trillion stock trading volume by 2030 through tokenization. Consequently, Bitget aims to capture 40% of this tokenized stock activity, equating to $15-$30 trillion in volume by 2030. The app update consolidates crypto products under a "Trade" tab and introduces a dedicated "TradFi" tab for one-tap access to global markets, cutting navigation steps by 30%. CEO Gracy Chen stated that Bitget is building for this "trillion dollar migration," where crypto becomes the settlement layer for everyday finance. Bitget currently dominates tokenized equities, holding 89.1% market share for Ondo's tokenized stock tokens.
(Source：BeInCrypto)