4 hours ago
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Key Takeaways
- Bitget launched Stock+, letting users buy US stocks with crypto converted to USDC.
- Bitget says the feature provides ownership of the underlying shares, not a synthetic token.
- Shareholder rights like voting are exercised through the Bitget platform.
- The rollout excludes the US, UK, EU, Canada, Australia, and many other markets.
According to a statement Bitget shared with The Block, Stock+ lets users purchase full and fractional US stocks with digital assets that are converted into Circle’s USDC stablecoin. The flow is straightforward: a user’s crypto becomes USDC, and that USDC buys the equity. The stablecoin is the settlement rail, but the destination is a stock position.
The headline claim is ownership. Bitget says Stock+ provides ownership of the underlying shares, with users eligible for cash dividends and stock-split adjustments. That is the distinction the exchange is leaning on, and it is worth unpacking carefully, because “ownership” here co...
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