Bitget to Revamp US Stock Token Business: Moving to Broker-Dealer Direct Model, Supporting Dividends and Stablecoin Trading

BlockBeats News, May 25th - Multiple sources have confirmed that Bitget is abandoning its existing stock token model and transitioning to a self-developed U.S. stock product with direct connection to brokerage firms. Although the presentation will still be in the form of stock tokens, it will be closer to the U.S. stock experience and liquidity. Moreover, on this basis, it will facilitate stablecoin transactions and even support stock dividends and cash dividends.

Since the end of last year, the exchange has actively recruited several employees from internet brokerage firms, mainly for operations and key account resources.