Bitget Adds Four New Stock Perpetuals, Pushing Total to 337
TREE NEWS reports: Bitget has listed four new equity perpetual contracts — USDESTOCK (StablecoinX), VKTX (Viking Therapeutics), PCVX (Vaxcyte), and XP (XP) — settling in USDT with up to 20x leverage and 24/7 trading. The exchange now supports 337 stock perpetual markets, underscoring how aggressively crypto platforms are converging with traditional equity exposure.
Why This Matters: The TradFi-Crypto Convergence Accelerates
The move reflects a broader industry shift: crypto exchanges are no longer content to offer only digital assets. By listing tokenized or synthetic equity perpetuals, Bitget and its peers are positioning themselves as 24/7 global trading venues that blur the line between crypto and traditional finance. Notably, one of the new listings — USDESTOCK — is tied to StablecoinX, a firm whose very name signals the stablecoin-equity nexus that is becoming a hot theme in both DeFi and public markets.
Key implications:
- 24/7 equity exposure: Traditional markets close nights and weekends; crypto-native perpetuals let traders express views on biotech, fintech, and crypto-adjacent stocks around the clock.
- Leverage meets equities: 20x leverage on single-name stocks is far beyond what regulated brokers typically offer, raising both opportunity and systemic risk questions.
- RWA tokenization tailwind: This fits the real-world asset (RWA) narrative — tokenized stocks, stablecoin-linked equities, and synthetic exposure are all part of the same trend of bringing TradFi on-chain.
Regulatory Gray Zone
Synthetic stock perpetuals occupy an uncertain regulatory space. They are not traditional securities, nor are they classic crypto derivatives. Regulators in the U.S. and E.U. are still debating how to classify such products, and platforms offering them to global users may face scrutiny under securities laws. Bitget’s expansion signals confidence that demand outweighs regulatory risk — at least for now.
Forward-Looking Perspective
Expect more exchanges to follow. As RWA tokenization matures and stablecoin-equity hybrids like StablecoinX gain traction, the line between a “stock” and a “token” will continue to blur. The winners will be platforms that can offer seamless, compliant, 24/7 access to both worlds. For traders, the opportunity is real — but so is the leverage risk. Watch for regulatory responses in the coming quarters, and for whether traditional brokers begin offering similar 24/7 synthetic products to compete.
