Bitget Adds Six Stock-Linked rTokens Through VETA Finance Partnership

Bitget has expanded its Stock Dual Investment product with six stock-linked rTokens through a partnership with VETA Finance, giving customers more assets and investment terms for price-targeted strategies.

The additions are rORCL, rSKHY, rAVGO, rHOOD, rCBRS and rIREN. The product already supported rNVDA, rGOOGL and rAMD, linked to NVIDIA, Alphabet and AMD. rSKHY is linked to SK hynix.

Customers choose a target price and investment term. Under Buy Low, they deposit Tether USDt (USDT). A settlement price below the target converts the position into the selected rToken, while a price above the target leaves it in USDT.

Under Sell High, customers deposit an eligible rToken. A settlement price above the target converts the position into USDT; a price below the target leaves it in the rToken. Both strategies include interest whether or not a conversion occurs.

“Investors often have a price in mind at which they would buy more or take profits,” Bitget CEO Gracy Chen said. VETA Finance serves as a quoting vendor for the product.

Bitget and VETA Finance plan additional joint rToken products, including accumulator and decumulator options and fixed-coupon notes. Bitget has previously offered rToken fixed-coupon notes.