Bitget CEO: 10-Fold Increase in US Stock Token Trading Volume Amid Changes in Middle East Situation
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Bitget CEO Gracy Chen pointed out that due to the sudden changes in the Middle East situation and the closure of traditional US stock markets, global traders are seeking trading outlets. In this context, Bitget's US stock tokens (rToken) have absorbed the overflow of trading demand. Data shows that the trading volume of rToken reached 10 times that of the previous week over the weekend, an increase of approximately 2.2 times compared to the average of weekends in June. rNVDA, rMU, and rGOOGL ranked as the top three in trading volume, and the weekend trading activity of VIP users on the platform was higher than the average user. Gracy Chen emphasized that although the weekend trading volume of US stock tokens is still in its early stages, market volatility has highlighted the importance of 24/7 trading.
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