Bitget Expands Stock Dual Investment to 20+ U.S. Assets and Restricts 16 Sanctioned Crypto Entities

1 hour ago 2 sources neutral

Key takeaways:

  • Bitget's rapid expansion of stock-linked tokens signals sustained demand for tokenized equities beyond crypto-native yields.
  • Settlement timing aligned to U.S. market open exposes dual-investment users to early tech-stock volatility.
  • Synchronized exchange sanctions signal tightening regulatory pressure, potentially weighing on HTX's native token.

Bitget has made two significant moves this week: expanding its Stock Dual Investment product from six to more than 20 U.S. stock and ETF-linked tokens, while applying compliance restrictions to 16 sanctioned crypto entities in three waves.

The expanded lineup announced Aug. 14 includes tokens tied to Nvidia, Tesla, Apple, Coinbase, Circle, Strategy, Meta, Advanced Micro Devices, Intel, Taiwan Semiconductor Manufacturing Company, and leveraged semiconductor ETFs. Supported tickers include rNVDA, rTSLA, rAAPL, rCOIN, rMSTR, rSOXL, and rSOXS, among others. The product first went live on July 25 with six products and has grown to at least 21 underlying assets in under a month.

Bitget also moved settlement to 11:30 p.m. UTC+8 (11 a.m. EDT), about 90 minutes after the Nasdaq and New York Stock Exchange open, to incorporate early U.S. session price action. Under the Buy Low option, users subscribe with USDT and may receive the linked token if its settlement price is at or below the target. Sell High works in reverse: users commit the stock token and may convert at the target price. Bitget classifies Dual Investment as non-principal-guaranteed, and funds are locked until maturity.

Alongside the product update, Bitget is running an invitation-only deposit promotion through Aug. 21, offering up to 3,000 USDT in non-withdrawable trading bonuses from a 1 million USDT pool. Another merchandise campaign runs through Aug. 28 for qualifying cumulative subscriptions from 50,000 to 3 million USDT.

On compliance, Bitget confirmed enhanced restrictions on 16 designated entities. The first wave, effective Aug. 7, covers Aban Tether Exchange and Shelbit, which U.S. OFAC sanctions link to Iran-related sanctions evasion. A second wave on Aug. 13 targets A7 Africa, A7 Nigeria, and PilotFinance Ltd. The largest wave, effective Aug. 23, includes HTX, EXMO, ABCeX, Aifory Pro, BitPapa, Exnode, Monease, NoOnecrypto, Rapira, Tradex, and WhiteBird under the EU’s 21st Russia sanctions package adopted in July 2026.

Binance announced near-identical restrictions a day earlier. HTX has contested the designation, with Justin Sun saying the restrictions apply only to UK and EU users and that the platform does not operate in those regions. UK regulators disagreed, and HTX said it remains in settlement talks with UK and EU authorities.

Bitget CEO Gracy Chen previously said tokenized traditional assets accounted for 20% to 30% of the platform’s spot volume last quarter and that stock-linked products surpassed $100 million. The product is not available to U.S. residents; Bitget has not set a U.S. launch date and plans to obtain money-transmitter, derivatives, and broker-dealer approvals.

Previously on the topic:
Aug 12, 2026, 3:06 p.m.
HTX July Report: Record TradFi Volume and $HTX Token Burn Drive Growth
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