Bitget Expands Stock Dual Investment Program with Over 20 U.S. Assets
Bitget Expands Stock Dual Investment Program
Bitget has announced a significant expansion of its Stock Dual Investment offerings, increasing the lineup from six to over 20 U.S. stock and ETF-linked tokens. The new settlement for these investments will occur at 11:30 p.m. UTC+8, a change that aligns more closely with the opening hours of U.S. markets.
New Opportunities with Major U.S. Assets
The expanded offering supports a variety of assets linked to top technology companies and crypto-related enterprises. Notable tokens now included are those associated with Nvidia, Tesla, Apple, Coinbase, and several leveraged ETFs. The full list includes tokens like rMU, rSNDK, rNVDA, rCRCL, rSPCX, rTSLA, rMRVL, rAMZN, rGOOGL, rMSTR, rINTC, rMETA, rAMD, rSOXL, rTSM, rAAPL, rCOIN, rAAOI, rSOXS, rNBIS, and rWDC.
Settlement Timing Adjustments
As part of this update, the settlement time for stock-linked products has been adjusted to 11:30 p.m. UTC+8, corresponding to 11 a.m. EDT. This new schedule is designed to allow the settlement process to better reflect price fluctuations that occur during the initial trading hours of U.S. markets, which typically commence at 9:30 a.m. EDT.
Investment Strategies and Promotions
Users can benefit from Bitget’s Buy Low and Sell High strategies through its Stock Dual Investment products. Under the Buy Low option, users subscribe with USDT, choosing a target price and maturity date. Should the token’s settlement price be at or below the target at expiry, the user will purchase the token at the agreed price. Conversely, if the price is above the target, the user retains their USDT principal along with applicable interest.
To celebrate its expansion, Bitget is hosting a limited-time promotion, allowing eligible users to earn up to 3,000 USDT in non-withdrawable trading bonuses by participating in deposit tasks.
Regulatory Landscape in the U.S.
While Bitget’s offerings are expanding, it has not yet confirmed availability for U.S. residents. Access to these products depends on account eligibility and adherence to regional regulations. CEO Gracy Chen emphasized the company’s intentions to establish a U.S. entity, seeking necessary approvals to operate within the country’s regulatory framework.
Conclusion
With the introduction of over 20 U.S. assets into its Stock Dual Investment program, Bitget continues to innovate within the cryptocurrency space, offering new opportunities for investors looking to engage with tokenized versions of popular stocks and ETFs.
Source: crypto.news