Bitget, the world’s largest Universal Exchange (UEX), has ranked first for large-order execution in a new CryptoRank study examining liquidity, market structure, and execution quality across leading tokenized equity products. The research found that Bitget’s Reality rTokens delivered the lowest simulated slippage across every comparable asset tested, recording up to 58% lower slippage on $50,000 orders than competing tokenized equity offerings.
The study focused on the only four assets that maintained valid two-sided order books across all tested venues — NVIDIA, Microsoft, Meta, and Tesla — and compared tokenized stock products from major exchanges. For both $10,000 and $50,000 orders, Bitget’s rTokens consistently showed the lowest slippage and also posted the highest balanced displayed liquidity within 50 basis points.
CryptoRank attributed the results largely to Bitget’s liquidity architecture, which combines exchange liquidity with underlying market liquidity linked to the NYSE and NASDAQ. This design provides deeper liquidity and improves execution efficiency for larger transactions, a factor that is becoming increasingly critical as the tokenized equity market approaches $2 billion in on-chain value and surpasses 471,000 on-chain holders.
Gracy Chen, CEO of Bitget, commented: “Tokenization is moving beyond access and into infrastructure. If even 10% of global financial assets become tokenized by 2030, we’ll witness one of the most significant transformations in modern capital markets. The next phase of tokenization will be defined by quality of execution liquidity, and market infrastructure supporting those assets.” She added that independent research helps establish benchmarks the industry needs as tokenized markets mature.
The findings build on Bitget’s ongoing expansion of its Stock+ ecosystem, which gives eligible users access to more than 500 tokenized stocks, ETFs, commodities, and other traditional assets alongside cryptocurrencies through a unified account. By combining 24/7 market access, fractional investing, and exchange- and market-linked liquidity, Bitget is positioning itself as a key infrastructure provider for the next generation of tokenized capital markets.