Key takeout
- Bitget has launched a permanent contract on a highly leveraged US equity basis of 25.
- These agreements provide exposure to major companies such as Tesla, Apple, Nvidia, Coinbase, and Alibaba.
Bitget, a global cryptocurrency exchange platform, today introduced 25 US equity-based perpetual agreements that provide highly leveraged trading to major companies such as Tesla, Apple, Nvidia, Coinbase and Alibaba.
The new derivatives allow traders to acquire leveraged positions of traditional stocks through crypto platforms without expiration dates, providing 24/7 market access compared to the limited trading hours of standard stock exchanges.
The permanent contract occurred in the crypto market with Bitcoin derivatives around 2016.
The expansion reflects the broader real-world asset tokenization trends to tokenize billions of dollars with traditional assets such as stocks and bonds by 2025, filling crypto and traditional finance.