Bitget Introduces Fixed Coupon Notes for Tokenized US Stocks

Bitget, recognized as the world’s largest Universal Exchange (UEX), has unveiled its Fixed Coupon Note (FCN) Plan, a structured financial product that integrates traditional finance concepts with tokenized US stocks. This innovative offering allows users to subscribe using USDT and earn a predefined coupon during the holding period.

The FCN structure is a first for crypto exchanges, combining USDT settlement with the delivery of US stock rTokens. This launch expands the options for users seeking exposure to US equities beyond conventional spot trading, providing a structured strategy that aligns with their investment preferences.

Users can select a strike price for acquiring the linked rToken, which includes popular stocks such as SNDK, MRVL, SKHY, NVDA, and MU. If the observation price at maturity meets or exceeds the strike price, users receive their USDT principal plus the coupon. Conversely, if the price falls below the strike price, the principal is converted into the rToken at the strike price, while the coupon is paid in USDT.

Gracy Chen, CEO of Bitget, emphasized the advantages of the FCN Plan, stating, “There are times when you want exposure to a stock but the price is not where you want it to be. FCN gives users a set price they are comfortable buying at and earn while they wait.” This product not only enhances the rToken ecosystem but also aligns with Bitget’s Universal Exchange strategy, which aims to integrate crypto and traditional financial assets into a cohesive trading environment.

As a non-principal-protected structured product, users should be aware of the risks involved, particularly if settlement occurs in rTokens, which exposes them to potential losses if the asset price declines. To celebrate the launch, Bitget is hosting a limited-time FCN campaign from August 17 to September 18, 2026, offering rewards for eligible subscribers.