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3 clusters · 4 sources · 27 days · First seen · Last updated

Bitget institutional and multi-asset expansion

Overview

Bitget has introduced several initiatives to expand its institutional and multi-asset trading capabilities.

In mid-August, the company launched Project Archimedes, a $300 million program providing capital to trading firms and asset managers. This includes a $100 million program for quantitative firms using market-neutral strategies and a $200 million interest-free lending program. Alongside this, Bitget expanded its CFD business with institutional-grade liquidity solutions featuring FIX API connectivity and servers in London and Tokyo.

By late August, the platform announced the 2026 King’s Cup Global Invitational (KCGI), a trading competition with a 3 million USDT prize pool. This competition marks an expansion into traditional finance (TradFi) perpetual contracts and tokenized U.S. stocks, allowing traders to compete across cryptocurrency, stocks, commodities, and precious metals. CEO Gracy Chen noted that the integration reflects the “increasing convergence of crypto, gold, and stock markets.”

The KCGI competition, scheduled for September 9 to September 22, features the UEX Arena, which will distribute 2 million USDT across five leaderboards, including team PnL and TradFi perpetuals volume. The largest single allocation is 1 million USDT for top-performing teams.

Bitget has also emerged as a leader in the tokenized equity market, which reached nearly $2 billion in 2026. According to the exchange’s August 2026 Transparency Report, Bitget ranked first for tokenized stock liquidity with a median bid-ask spread of 0.83 basis points. Its rToken products, covering stocks such as Nvidia, Microsoft, Meta, and Tesla, have seen high activity; for example, rNVDA recorded a daily volume of $38.5 million on August 26.

Entities

Bitget · Gracy Chen · Taipei · Nvidia · FUTUREMODE

Timeline

  1. 4 days ago

    [BUSINESS] 2 sources
    Bitget leads tokenized equity liquidity as market nears $2 billion

    Bitget has become a leader in the tokenized equity market, which reached nearly $2 billion in 2026, while expanding its presence through industry forums and product showcases in Taipei.

  2. 15 days ago

    [BUSINESS] 3 sources
    Bitget launches 3M USDT multi-asset KCGI trading competition

    Bitget has launched its 2026 KCGI trading competition with a 3 million USDT prize pool, expanding to include crypto futures, TradFi contracts, and tokenized U.S. stocks.

  3. about 1 month ago

    [BUSINESS] 6 sources
    Bitget launches $300M Project Archimedes and institutional liquidity solutions

    Bitget has launched Project Archimedes, a $300 million capital program for crypto trading firms, alongside new institutional-grade CFD liquidity solutions for quantitative traders.

Sources

bitcoinethereumnews.com · blocktempo.com · coinedition.com · jpnn.com

This summary has been updated 1 time: see revision history