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Woofun AI reports that Bitget's stock token (rToken) product has exceeded $100 million in assets under management one month after launch. As of July 6, user participation surpassed 100,000, with cumulative trading volume reaching $671.37 million.
Asset distribution shows rSPCX holding the highest TVL at 23.51%, followed by rCSCO at 17.75% and rNVDA at 13.38%. Demand centers on high-profile private market assets and technology targets, particularly AI infrastructure including networking, chips, storage, and semiconductors. Issued by Reality, a licensed RWA protocol under Bitget, rTokens connect to NASDAQ and NYSE liquidity via Alpaca. Features include 1:1 reserves managed by licensed custodians, tokenized stock dividends, support for corporate actions, and utility as collateral for unified accounts and U-based contracts.