BTC $63,275.90 -1.44%
ETH $1,838.64 -2.35%
BNB $563.71 -2.42%
XRP $1.08 -2.22%
SOL $74.81 -1.78%
TRX $0.3224 -0.29%
DOGE $0.0719 -1.64%
ADA $0.1608 -1.10%
BCH $218.66 -1.38%
LINK $8.19 -2.84%
HYPE $60.32 -8.36%
AAVE $90.62 -3.60%
SUI $0.7362 -0.72%
XLM $0.1841 -3.35%
ZEC $535.44 -2.11%
BTC $63,275.90 -1.44%
ETH $1,838.64 -2.35%
BNB $563.71 -2.42%
XRP $1.08 -2.22%
SOL $74.81 -1.78%
TRX $0.3224 -0.29%
DOGE $0.0719 -1.64%
ADA $0.1608 -1.10%
BCH $218.66 -1.38%
LINK $8.19 -2.84%
HYPE $60.32 -8.36%
AAVE $90.62 -3.60%
SUI $0.7362 -0.72%
XLM $0.1841 -3.35%
ZEC $535.44 -2.11%

borrowing

All
Article
Flash

Bitget has added 39 stock tokens (rToken) for collateral in its staking and borrowing services

According to the official announcement, Bitget's staking and borrowing section has added support for 39 stock tokens (rToken) as collateral assets. The newly listed targets include popular US stocks and ETFs such as rAMD, rSMH, rARM, and rSKHY, covering diverse categories like semiconductors, finance, healthcare, and energy.Users holding the relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, releasing liquidity without selling their positions. The related features are now available on the web, and the app version is expected to be launched within this week. Specific collateral parameters and more details can be found on the Bitget official platform.It is reported that the rToken, identified by the letter r + stock code (for example, Nvidia is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools like NASDAQ and NYSE through cooperation with compliant broker Alpaca. Its features include: 1:1 reserves of underlying assets managed by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, support for corporate actions (such as stock splits), and the ability to use holdings as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

State Council: Strictly prohibit private equity funds from engaging in illegal activities such as borrowing, disguised debt, etc

The General Office of the State Council has released guiding opinions on strengthening regulation, preventing risks, and promoting the high-quality development of private equity investment funds. The opinions mention adhering to goal-oriented and problem-oriented approaches, addressing issues such as the need to improve the access mechanism for the private equity fund industry, inadequate regulation, incomplete systems, insufficient coordination and cooperation among ministries, central and local governments, the failure to implement the responsibilities of some government investment funds and state-owned enterprise investment fund contributors, and the use of some private equity funds as tools for illegal activities, new forms of corruption, and hidden corruption. A system and long-term mechanism for strengthening regulation and preventing risks will be established to promote the development of the industry in a standardized manner and enhance it during development.Uphold functional positioning, coordinate the overall layout, optimize increments, revitalize existing resources, support the excellent and limit the inferior, improve quality and efficiency, and strictly prohibit private equity funds from engaging in illegal activities such as lending and disguised debt. Adhere to classified regulation, implementing "one policy for one category" regulation based on different dimensions such as contributor entities and product types. Insist on regulating both legal and illegal entities, with strict regulation for legal institutions, resolute prohibition of illegal institutions, and severe crackdowns on illegal activities.Promote the revision of the Securities Investment Fund Law. Push for the issuance of judicial documents related to criminal cases involving private equity funds. Formulate regulations for the supervision of private equity fund managers, information disclosure, fundraising, and mandatory custody rules. Introduce standardized arrangements for private equity fund betting agreements. Fully establish a regulatory system for private equity funds that is primarily based on administrative regulation and supplemented by self-regulation.
app_icon
ChainCatcher Building the Web3 world with innovations.