United

DeFi

Impact

Apple

<a rel="noopener noreferrer nofollow">Crypto wallets</a> were originally built around coins and tokens.&nbsp;Now some are trying to turn themselves into broader financial apps by giving users access to tokenized versions of traditional assets.Bitget Wallet's latest push is into tokenized U.S. <a rel="noopener noreferrer nofollow">equities</a>, described in a recent TheStreet&nbsp;<a rel="noopener noreferrer nofollow">Roundtable</a> interview with their COO, Alvin Kan.&nbsp;The idea is not to replace a <a rel="noopener noreferrer nofollow">traditional</a> brokerage account but to give crypto-native users another place to park capital without leaving the on-chain ecosystem.<blockquote>"We're not aiming to replace the brokers," Kan said. "I think it's supplementary."</blockquote><a href="https://www.thestreet.com/crypto/explained/explained-what-is-a-hot-wallet" rel="noopener noreferrer nofollow">Related: Explained: What is a hot wallet?</a><h2 id="the-appeal-of-tokenized-stocks">The appeal of tokenized stocks</h2>The clearest use case is convenience for investors who already hold much of their wealth in crypto.Kan said users can "directly access U.S. equities" in the wallet, arguing that "whether it's tokens, stablecoins, equities, you can all buy them in one single app."Instead of selling tokens, moving back into <a rel="noopener noreferrer nofollow">fiat</a> and then buying stocks through a conventional broker, users can buy tokenized equities inside a single app.For that audience, the value proposition is less about reinventing stock ownership than reducing friction. A wallet that already handles tokens and <a rel="noopener noreferrer nofollow">stablecoins</a> can also become a place to gain exposure to companies like <a rel="noopener noreferrer nofollow">Apple</a> or <a rel="noopener noreferrer nofollow">Palantir</a> without an extra set of transfers.Kan also argued that <a rel="noopener noreferrer nofollow">tokenization</a> could widen access. He pointed to users outside the United States who may not have the same access to U.S. equities through local financial <a rel="noopener noreferrer nofollow">infrastructure</a>. In that framing, tokenization is mainly a distribution tool.<blockquote>"There are people around the world, millions of them, who don't have the same access to U.S. equities," Kan said. "A lot of people say maybe it's about liquidity. It's really solving the distribution issue."</blockquote>Tokenized stocks have reached a total value of $941 million, with monthly transfer volume surging to $2.94 billion, up nearly 86% over the past 30 days, as per <a href="https://app.rwa.xyz/stocks" rel="noopener noreferrer nofollow">data</a> from Rwa.xyz.<h3 id="more-news">More News:</h3><ul><li><a href="https://www.thestreet.com/crypto/policy/brutal-warning-for-crypto-as-it-faces-hell-without-clarity" rel="noopener noreferrer nofollow">Think tank sends brutal warning for crypto as it faces ‘hell’ without CLARITY</a></li><li><a href="https://www.thestreet.com/crypto/markets/veteran-trader-warns-bitcoin-recovery-could-take-longer-than-2026" rel="noopener noreferrer nofollow">Veteran trader warns Bitcoin recovery could take longer than 2026</a></li><li><a href="https://www.thestreet.com/crypto/markets/uniblock-raises-5-2m-to-simplify-the-future-of-blockchain-development" rel="noopener noreferrer nofollow">Uniblock raises $5.2M to simplify the future of blockchain development</a></li></ul><h2 id="impact-on-the-crypto-industry-at-large">Impact on the crypto industry at-large</h2>The more ambitious argument is what happens after those assets are brought <a rel="noopener noreferrer nofollow">on-chain</a>. In <a rel="noopener noreferrer nofollow">decentralized finance</a>, assets can often be used as building blocks in other applications.Kan suggested tokenized equities could eventually be used as collateral or plugged into other DeFi workflows.<blockquote>"Maybe you can <a rel="noopener noreferrer nofollow">collateralize</a> some of your tokenized equities to do other stuff in DeFi. There's a lot of possibilities out there," he said.</blockquote>That possibility helps explain why tokenization has become such a popular theme across crypto. The attraction is not only offering a digital wrapper for an existing asset, but making that asset easier to move, combine and potentially use in new financial products.As of today, the tradeoff is that tokenized markets do not always offer the same <a rel="noopener noreferrer nofollow">liquidity</a>, protections or infrastructure as traditional ones.<a href="https://www.thestreet.com/crypto/markets/bitget-ceo-thinks-centralized-exchanges-are-often-late-to-list-a-token" rel="noopener noreferrer nofollow">Related: Bitget CEO thinks centralized exchanges are often ‘late’ to list a token</a>

Bitget Wallet COO says tokenized stocks are ‘supplementary’ to brokers

Table of Contents

TheStreet Roundtable

Other articles published on Apr 2, 2026

Tokenized Stock Transfers Hit $2.87B in March

Bitcoin Easter sale loading?

European Diesel Prices Explode to $200 Per Barrel — Supply Crisis Deepens

Bitcoin ETFs Extend Inflows With $118 Million as Ether Adds $31 Million

DeFi is optimizing for gas, not for markets

Crypto Stabilizes as War Fears Ease with Crypto Bull Return, APEMARS Hits 1,539+ Backers; LINK an...

Join our free newsletter for daily crypto updates!