Nazia Saeed
- Bitget launches RWA Index Perpetuals for TSLA, NVDA, and CRCL, bringing tokenized traditional assets into the crypto space
- The product offers up to 10x leverage and operates with a 5×24 trading schedule, ensuring flexibility for traders
- The launch aligns with Bitget’s goal to bridge the gap between traditional finance and decentralized finance, providing innovative exposure to a range of asset classes
Bitget has introduced a groundbreaking product in the crypto space: the RWA (Real-World Asset) Index Perpetual futures. Announced on August 20, these contracts offer traders continuous exposure to tokenized traditional assets, specifically focusing on Tesla (TSLA), Nvidia (NVDA), and Circle (CRCL). This launch is part of Bitget’s strategic push to integrate decentralized finance (DeFi) with traditional finance (TradFi), bridging the gap between these two worlds.
Bitget new exposure to tokenized traditional assets
The RWA Index will allow investors to trade tokenized assets 24/7, except on weekends and market holidays when the market will be closed. The product combines multiple third-party issuers’ tokenized assets, providing a composite index that tracks prices across these sources. This provides traders with a unique opportunity to speculate on traditional equities in a tokenized form. With the added flexibility of up to 10x leverage, Bitget’s RWA Index perpetual futures give traders the ability to maximize their exposure to stocks like TSLA, NVDA, and CRCL.
5×24 trading structure with flexibility
Bitget has committed to maintaining a 5×24 market structure for its RWA index, enabling trading throughout the week. However, the exchange has implemented certain safeguards during weekends and market holidays to prevent liquidation. While market prices for the RWA index will be frozen during these periods, traders will still be able to add margin and cancel orders, providing flexibility for those anticipating market movements at the beginning of the week. This approach allows Bitget to offer a dynamic product that adapts to the needs of traders while ensuring fairness and pricing flexibility.
Bridging traditional finance and DeFi
Gracy Chen, CEO of Bitget, highlighted that this product aligns with the exchange’s mission to support innovation across both DeFi and TradFi. The launch of the world’s first RWA Index Perpetual Contract represents a significant step forward in Bitget’s plan to create a comprehensive financial ecosystem. By offering exposure to both modern and traditional asset classes, Bitget’s new product stands out among competitors, enabling traders to access an innovative blend of both worlds.
