Bitget’s Tokenized Stock Futures Surge Past $1B as Traders Seek Tech and AI Exposure
Bitget's Universal Exchange model has driven its tokenized stock futures volume to exceed $1 billion, doubling its previous $500 million milestone in just two weeks. This rapid growth underscores the increasing demand for seamless access to both traditional equities and digital assets, with Tesla and Apple being the most popular choices among traders. Launched in July, Bitget's USDT-margined perpetual futures now cover 25 U.S. stocks, offering traders a bridge between traditional markets and the crypto space. The surge highlights the platform's ability to cater to traders looking for diversified exposure, particularly in tech and AI sectors, through innovative financial products.
Bitget’s Tokenized Stock Futures Surge Past $1B as Traders Flock to Tech and AI Exposure
Bitget's Universal Exchange model has propelled its tokenized stock futures volume beyond $1 billion, doubling its $500 million milestone in just two weeks. The surge highlights growing demand for seamless access to both traditional equities and digital assets, with Tesla and Apple leading the charge.
The platform's USDT-margined perpetual futures, launched in July, now cover 25 U.S. stocks including Amazon and Meta. Offering 25x leverage and low fees, these instruments mirror stock price movements while operating 24/7 with instant stablecoin settlements—circumventing traditional brokerage limitations.
Bitget continues expanding its tokenized lineup, recently adding Netflix, Reddit, and the Nasdaq-100 index. The exchange restricts U.S. users but maintains global accessibility, capitalizing on the intersection of crypto infrastructure and real-world asset trading.
Gujarat CID Uncovers ₹200 Crore Crypto Racket with Pakistan Links
India's Gujarat CID Crime unit has dismantled a sophisticated cross-border cybercrime operation funneling over ₹200 crore to Pakistan-linked cryptocurrency wallets. The network utilized mule bank accounts and digital assets to obscure illicit fund flows.
Surat resident Chetan Gangani's arrest revealed a ₹10 crore transfer via his BitGet account to a Pakistani wallet. Investigators traced the operation across multiple Gujarat districts, exposing how crypto is increasingly weaponized for cross-border financial crimes.
The Pakistan-connected wallet held approximately ₹29 crore, demonstrating the scale of this crypto-enabled money laundering scheme. Authorities highlight the growing sophistication of fraudsters exploiting digital assets' pseudonymous nature.