Blab Crypto
Bitget and Block Scholes Report Show Tokenized Equity and Commodity Markets Matching Bitcoin Liquidity
Bitget and research firm Block Scholes released a joint report on Monday that finds tokenized equity and commodity markets are closing the liquidity gap with Bitcoin.
The study focuses on Bitget’s real‑world asset (RWA) perpetual contracts, using the NVDA‑USDT tokenized equity contract as a key example. By mid‑May, the NVDA‑USDT perpetual held roughly $4.1 million in resting liquidity within 2 % of the mid‑price. That figure is about three‑quarters of the depth of Bitget’s Bitcoin spot market, according to the report. The comparison shows that traders can move capital in tokenized stocks and commodities with a depth comparable to the largest cryptocurrency on the platform.
The report also examined how the RWA markets behaved during periods of sharp volatility, including the onset of the US‑Iran conflict in February 2026. Spreads widened briefly when the conflict began, but liquidity recovered within days. The authors describe the markets as resilient, noting that the temporary widening did not lead to prolonged illiquidity.
Gracy Chen, Bitget’s chief executive, said liquidity is the new measure of success. "What matters now is whether users can move capital efficiently between markets without sacrificing liquidity," she said. "Traders expect the same depth and speed whether they trade crypto, equities, gold or tokenized assets, blurring the line between traditional and digital markets."
The findings support Bitget’s Universal Exchange strategy, which brings crypto assets, commodities, equities and tokenized instruments onto a single platform. The company has been expanding its tokenized equity offering, launching Bitget Stocks 2.0 in early June 2026. The upgraded product is designed to improve liquidity, asset transparency and capital efficiency for tokenized equity trading.
Industry observers note that the report reflects a broader trend of institutional investors seeking exposure to both traditional and digital assets in one place. The report’s data suggest that tokenized RWA markets are maturing, with liquidity levels approaching those of established cryptocurrency markets.
The report also highlights that the RWA markets are not only liquid but also resilient to macro‑economic shocks. The brief spread widening during the US‑Iran conflict demonstrates that the markets can absorb sudden volatility without long‑term disruption.
Bitget’s focus on tokenized assets aligns with a growing interest in real‑world asset tokenization. By mapping tokenized shares to underlying equities on a 1:1 basis, the exchange aims to provide traders with a more direct link to traditional market liquidity.
The study’s authors caution that while liquidity figures are encouraging, they are snapshots and may vary over time. They also note that the resilience observed during the February 2026 conflict may not guarantee similar outcomes in future crises.
In summary, the Bitget‑Block Scholes report indicates that tokenized equity and commodity markets are approaching the liquidity depth of Bitcoin on Bitget’s platform. The data suggest that traders can expect comparable depth and speed across crypto and traditional asset classes, supporting Bitget’s Universal Exchange vision.
The report was released on Monday and is part of Bitget’s ongoing effort to demonstrate the viability of tokenized real‑world assets in a highly liquid, resilient market environment.
The study focuses on Bitget’s real‑world asset (RWA) perpetual contracts, using the NVDA‑USDT tokenized equity contract as a key example. By mid‑May, the NVDA‑USDT perpetual held roughly $4.1 million in resting liquidity within 2 % of the mid‑price. That figure is about three‑quarters of the depth of Bitget’s Bitcoin spot market, according to the report. The comparison shows that traders can move capital in tokenized stocks and commodities with a depth comparable to the largest cryptocurrency on the platform.
The report also examined how the RWA markets behaved during periods of sharp volatility, including the onset of the US‑Iran conflict in February 2026. Spreads widened briefly when the conflict began, but liquidity recovered within days. The authors describe the markets as resilient, noting that the temporary widening did not lead to prolonged illiquidity.
Gracy Chen, Bitget’s chief executive, said liquidity is the new measure of success. "What matters now is whether users can move capital efficiently between markets without sacrificing liquidity," she said. "Traders expect the same depth and speed whether they trade crypto, equities, gold or tokenized assets, blurring the line between traditional and digital markets."
The findings support Bitget’s Universal Exchange strategy, which brings crypto assets, commodities, equities and tokenized instruments onto a single platform. The company has been expanding its tokenized equity offering, launching Bitget Stocks 2.0 in early June 2026. The upgraded product is designed to improve liquidity, asset transparency and capital efficiency for tokenized equity trading.
Industry observers note that the report reflects a broader trend of institutional investors seeking exposure to both traditional and digital assets in one place. The report’s data suggest that tokenized RWA markets are maturing, with liquidity levels approaching those of established cryptocurrency markets.
The report also highlights that the RWA markets are not only liquid but also resilient to macro‑economic shocks. The brief spread widening during the US‑Iran conflict demonstrates that the markets can absorb sudden volatility without long‑term disruption.
Bitget’s focus on tokenized assets aligns with a growing interest in real‑world asset tokenization. By mapping tokenized shares to underlying equities on a 1:1 basis, the exchange aims to provide traders with a more direct link to traditional market liquidity.
The study’s authors caution that while liquidity figures are encouraging, they are snapshots and may vary over time. They also note that the resilience observed during the February 2026 conflict may not guarantee similar outcomes in future crises.
In summary, the Bitget‑Block Scholes report indicates that tokenized equity and commodity markets are approaching the liquidity depth of Bitcoin on Bitget’s platform. The data suggest that traders can expect comparable depth and speed across crypto and traditional asset classes, supporting Bitget’s Universal Exchange vision.
The report was released on Monday and is part of Bitget’s ongoing effort to demonstrate the viability of tokenized real‑world assets in a highly liquid, resilient market environment.
