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Bitget has quietly built one of the more interesting collateral systems in crypto, and it just got bigger. The exchange now supports 128 tokenized stock positions, called rTokens, as eligible collateral for borrowing USDT, USDC, and more than 100 other crypto assets.
The expansion adds 25 new rTokens to a list that barely existed six weeks ago.
From zero to 128 in about five weeks
Bitget launched its rToken collateral program on July 7-8, 2026, starting with 26 supported tokens. By July 28 that number had climbed to 103, and the August 12 update pushed it to 128.
The rTokens themselves are tokenized representations of U.S. stocks and ETFs, giving holders exposure to underlying equities without holding shares through a traditional brokerage.
The 128 tokens span a wide range of the U.S. equity market, covering technology, consumer, financials, healthcare, energy, and industrials sectors.
All of this sits inside Bitget’s cross-asset unified trading account, which integrates rTokens alongside more than 370 other assets. Users who already hold rToken positions can pledge them as margin without exiting the trade, borrowing against the position without selling.
The mechanics: loan-to-value ratios and how the math works
The borrowing structure uses a tiered loan-to-value framework. The initial LTV sits around 78%, meaning a user with $10,000 worth of eligible rToken collateral can borrow up to roughly $7,800 in USDT or other supported assets.
If the collateral value drops and the LTV ratio reaches approximately 85%, Bitget issues a margin call. At around 91% LTV, the position faces liquidation.
A trader who holds tokenized shares can borrow stablecoins against those shares, deploy the borrowed capital elsewhere, and maintain full exposure to the stock’s upside without triggering a taxable sale or breaking the position.
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