Crypto exchange Bitget has introduced the industry’s first
Real-World Asset (RWA) Index Perpetual Contract, opening trading on tokenized
equities and other traditional assets through its futures platform. The product
went live on August 20.
First Contracts Cover Tokenized Stocks
The RWA Index Perpetuals will start with Tesla, Nvidia, and
Circle’s USDC-related contracts. Each index reflects a basket of tokenized
versions of the same stock issued by different third parties, a structure
designed to stabilize pricing.
Bitget said the contracts mirror the mechanics of existing
crypto perpetuals, with index values drawn from multiple sources. The platform
plans to adjust weightings based on market activity, trading volumes, and
liquidity conditions.
RWA Index Perpetuals will trade on a 5×24 schedule, closing
on weekends and during stock market holidays. Prices will remain frozen during
closures to avoid liquidation risks, though traders can add margin ahead of
reopening.
Funding fees will pause while markets are shut, resuming once
trading restarts. The contracts will initially support isolated margin mode
only, with leverage capped at 10x and open interest limits applied across the
exchange.
Bitget’s Expansion
At launch, index pricing is sourced from xStocks. Bitget plans to add more issuers and expand the RWA futures range later this
quarter.
Expect ongoing updates as this story evolves.
This article was written by Jared Kirui at www.financemagnates.com.
