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Crypto World

Bitget Targets 40% of Tokenized Stock Trading by 2030

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Bitget Targets 40% of Tokenized Stock Trading by 2030

Bitget, the world’s largest Universal Exchange (UEX), today announced a major mobile app upgrade that puts crypto and traditional financial markets side by side on the homepage, reflecting how traders are increasingly moving between asset classes in one trading session. The release follows Bitget’s January rollout of TradFi trading, which expanded access to stock-linked products, FX, indices, commodities, and precious metals such as gold and silver, all settled in USDT.

Bitget’s tokenized TradFi thesis is that crypto is changing from its speculative traits to a rising global financial infrastructure. While annual stock trading is estimated at $100 – $130 trillion currently, it could reach $160 –$200 trillion by 2030, with a significant share of stocks, credit, funds, and commodities shifting onchain as Bitcoin strengthens its role in macro hedge portfolios.

As tokenized stocks increasingly route through crypto-market platforms, exchanges could facilitate roughly 20–40% of that flow; Bitget’s UEX strategy is to be a primary liquidity and distribution hub by expanding into tokenized stocks, FX, gold, and more with an internal base case of handling 40% of the tokenized stock activity roughly $15–$30 trillion in tokenized-stock trading volume by 2030.

Under the new layout, all crypto products including futures, spot, margin, onchain, and earn are consolidated under a unified “Trade” tab, reducing friction for active traders who move frequently between crypto assets. Simultaneously, a new, dedicated TradFi tab provides one-tap access to global markets such as gold, FX, indices, and stock perps and real-world asset tokens, eliminating the need to navigate multiple menus or workflows.

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“Bitget is building for the trillion dollar migration. As regulation matures and institutions bring products like treasuries onchain, the direction is clear: crypto is turning into the settlement layer for everyday finance. Sooner than most people think, stablecoins and native assets won’t feel crypto at all, just backend infra working behind when people move value worldwide,” said Gracy Chen, CEO at Bitget.

That’s also why the product experience has been rebuilt around it, on Bitget TradFi is accessible within a click and a UI/UX flow cuts the total steps by around 30% versus typical industry journeys,” she added.

Bitget has successfully pivoted from a crypto-native exchange to the global liquidity hub for this migration. The platform has established itself as the dominant venue for tokenized equities. Bitget currently captures 89.1% of the global market share for Ondo’s tokenized stock tokens, reaching record daily volumes of $6 Billion in January 2026.

The upgraded app experience is now live globally.

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For more information, please click here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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Crypto World

Drift Protocol Warns of Potential Cybersecurity Exploit

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Cybercrime, Cybersecurity, Hacks, Decentralized Exchange

Drift Protocol, a decentralized cryptocurrency exchange (DEX), detected “unusual” trading activity on the platform on Wednesday, warning users not to deposit funds until the issue has been resolved.

The Drift team did not disclose the specific cause of the ongoing incident or the damage in its initial announcement and is currently investigating the issue. 

In a subsequent update, the Drift team announced that deposits and withdrawals on the platform have been suspended. 

Cybercrime, Cybersecurity, Hacks, Decentralized Exchange
Source: Drift Protocol

Blockchain cybersecurity threat researcher Vladimir S said the exploit was likely due to a crypto wallet private key leak, and the total funds lost in the incident could be as high as $200 million. 

“Admin signer was compromised, or whoever controls it intentionally executed these changes,” he said

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The stolen assets include wrapped versions of Bitcoin (BTC), Jito (JTO), the Fartcoin (FRT) memecoin, other altcoins, and various dollar, euro, and Japanese yen stablecoins, which have since been transferred to multiple wallets, according to Vladimir S.

Cybercrime, Cybersecurity, Hacks, Decentralized Exchange
Source: Vladimir S

The exploiter started converting the stolen assets to the USDC (USDC) stablecoin, bridging the funds to the Ethereum network and purchasing Ether (ETH), according to Solana treasury company DeFi Development Corp.

Cointelegraph reached out to Drift Protocol but did not receive an immediate response by the time of publication. 

Cybersecurity exploits and hacks were responsible for $49 million in crypto losses during February, a sharp decrease from January, but a reflection of the ongoing security threats users and platforms face.

Related: Resolv temporarily halts protocol to ‘contain the impact’ of 80M USR exploit

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Drift token impacted by the exploit

The price of the Drift (DRIFT) token briefly reached $0.68 on Wednesday, but fell by about 18% following news of the exploit, according to data from CoinMarketCap.

Cybercrime, Cybersecurity, Hacks, Decentralized Exchange
Drift token falls after news of the exploit. Source: CoinMarketCap

About 83% of the native crypto tokens of hacked platforms never recover to pre-hack prices, according to blockchain security company Immunefi. 

“The stolen funds are only the first layer of damage,” Immunefi CEO Mitchell Amador told Cointelegraph in March.

“What follows is often more destructive: sustained token price suppression, reduced treasury capacity, leadership disruption, lost development time, and erosion of user trust,” he added. 

Magazine: WazirX hackers prepped 8 days before attack, swindlers fake fiat for USDT: Asia Express

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