Bitget ranked first in a CryptoRank study evaluating execution quality for tokenized equity products, beating competitors on slippage and liquidity for large orders. The study compared large-order execution across major exchanges, focusing on NVIDIA, Microsoft, Meta, and Tesla — the only four assets with valid two-sided order books on all venues tested. Bitget's Reality rTokens showed up to 58% lower slippage on $50,000 orders and recorded the highest balanced displayed liquidity within 50 basis points.
What the study measured
CryptoRank's report assessed liquidity, market structure, and execution quality across leading tokenized equity products. It found that products tracking the same underlying equities can differ significantly in investor rights, liquidity mechanisms, redemption models, and execution quality. For both $10,000 and $50,000 order sizes, Bitget delivered the lowest simulated slippage across all four comparable assets.
Why Bitget won
CryptoRank attributed the results to Bitget's liquidity architecture, which combines exchange liquidity with NYSE and NASDAQ-linked underlying market liquidity. That dual-layer setup helps rTokens maintain tighter spreads and deeper books than competing tokenized equity products. The study's findings suggest that execution quality varies widely even among products tracking the same stocks.
The tokenized equity market now approaches $2 billion in onchain value, with more than 471,000 onchain holders. Bitget's Stock+ ecosystem gives eligible users access to over 500 tokenized stocks, ETFs, commodities, and other traditional financial assets alongside cryptocurrencies through a single unified account. The exchange serves over 125 million users and offers access to over 2 million crypto tokens. Gracy Chen, CEO of Bitget, said: 'Tokenization is moving beyond access and into infrastructure.'
Bitget continues to expand its tokenized offerings, with more than 500 assets now available through Stock+. The exchange hasn't announced a specific timeline for adding new products, but the study's results reinforce its position in the growing tokenized equity space.
