Bitget, a global cryptocurrency trading platform, has announced the launch of 'Reality,' a new service utilizing the securities tokenization infrastructure provided by AlpacaDB Inc. and its group companies ('Alpaca'). Reality is a platform providing tokenized US stocks and ETFs. Through this launch, Bitget aims to realize access to both crypto and traditional financial assets within a single ecosystem, offering a more comprehensive investment environment to global users.
Alpaca is a fintech company founded in the US by Japanese co-founders Yoshi Yokokawa and Hitoshi Harada, holding securities licenses in multiple countries including the US and Japan. It provides securities infrastructure APIs—including stocks, ETFs, options, bonds, crypto, and tokenized securities—to over 300 financial institutions across 40 countries.
Since its founding in 2018, Bitget has operated under the belief that crypto plays a vital role in expanding financial access worldwide, serving 125 million users. To address challenges such as complex market structures and fragmented financial infrastructure, Bitget is promoting the 'Universal Exchange (UEX)' initiative.
UEX is designed as an integrated platform connecting traditional finance (TradFi) and the on-chain ecosystem (DeFi), aiming to resolve fragmented user experiences across exchanges, brokerages, wallets, and payment networks. As interest in tokenized assets rises globally, the provision of tokenized US stocks marks a significant step in the UEX initiative.
Bitget CEO Gracy Chen is driving business development based on the view that 10% of financial assets could be tokenized by 2030. With the launch of Reality, users can access investment opportunities in the world's leading growth companies while reducing the complex procedures and high costs associated with accessing US stock markets.
In many parts of the world, investing in US assets presents challenges such as opening overseas brokerage accounts, currency conversion, time-consuming settlement, and managing multiple accounts. These administrative and financial burdens have been major barriers for investors aiming for global asset diversification.
By leveraging Alpaca’s tokenization foundation, Bitget users can:
- Invest in tokenized US stocks alongside crypto assets - Use stablecoins for investment and fund transfers to react to market events at any time - Access one of the world's largest stock markets using a UX that is highly familiar to crypto users - Benefit from faster settlement and 24-hour market access
This allows users to build diversified investment strategies on a single platform without needing to juggle multiple exchanges, brokerages, or payment services.
Gracy Chen, CEO of Bitget, stated:
'Year by year, the boundary between crypto and traditional finance is thinning. The UEX initiative has aimed to remove various barriers existing in user investment access. Tokenized stocks are a significant step symbolizing this evolution, bringing traditional financial assets into a more accessible and efficient market environment. Through our collaboration with Alpaca, we will continue to develop infrastructure for a future where global capital can move more freely.'
Yoshi Yokokawa, co-founder and CEO of Alpaca, stated:
'Alpaca aims to build infrastructure that accelerates the adoption of financial services and provides new market opportunities to investors worldwide. We are very pleased to support Bitget's launch of tokenized US stocks. Through this initiative, we will make access to global assets more efficient and accessible.'
About Alpaca: Alpaca is a fintech company that holds securities company registrations in multiple countries, including the US and Japan. It develops and provides securities foundations for trading stocks, ETFs, bonds, options, and crypto assets. It serves over 300 financial institutions in 40 countries, supporting over 12 million securities accounts. Alpaca has raised $320 million (approx. 49 billion yen) from world-leading investors.
FACT BOX
- Source: PR TIMES
- Category: New Product
- Organizations: AlpacaDB Inc. / Alpaca Securities LLC
- Products / services: Reality / ETF