June 09, 2026 ChainGPT

Bitget Wallet Upgrades DEX API with RFQ Routing for Direct Tokenized-Stock Trades

Bitget Wallet Upgrades DEX API with RFQ Routing for Direct Tokenized-Stock Trades
Bitget Wallet has upgraded its DEX Aggregator API to let partners route crypto trades directly into tokenized stocks and other real-world assets (RWAs) — using the same interface they already use for crypto swaps. The move aims to simplify access to a market that onchain data puts at roughly $31 billion, including about $1.6 billion in tokenized equities. The core improvement is an all-request-for-quote (RFQ) multi-hop routing model that verifies liquidity for every leg of a trade before it hits the blockchain. By pre-confirming each stage, Bitget Wallet says the system prevents partial fills and removes a major operational headache that has made direct token-to-RWA swaps unreliable on many platforms. Ondo Finance and xStocks are among the first integrations, with more tokenized-asset providers expected to follow. Why this matters: tokenized stocks have seen rapid adoption, but onchain execution often forces a trade-off between dependable pricing and available liquidity. Bitget Wallet’s RFQ routing is designed to be deterministic and fast while sparing integrators from taking on market-making risk — effectively acting as the missing infrastructure layer for institutional and retail rails alike. “The RWA market has a liquidity problem that most people haven’t articulated clearly. What we’ve built is a routing architecture that makes RFQ work the way market participants actually need it to, deterministic, fast, and without requiring integrators to take on market-making risk. That’s the missing layer, and we’re the first to close it,” said Alvin Kan, chief operating officer at Bitget Wallet. The API expansion builds on Bitget Wallet’s prior tokenized-asset work. In May the company integrated xStocks into its self-custodial wallet and added support for more than 130 tokenized U.S. stocks and ETFs. Bitget Wallet now says its tokenized catalog exceeds 300 products spanning equities, commodities, precious metals, fixed income, and index-linked instruments. Under the new framework, partners can offer trading in tokenized U.S.-listed stocks, ADRs, ETFs, fixed-income products, commodities, and regional market funds from a single interface. Pricing is refreshed every five seconds across connected issuers to keep quotes current, Bitget Wallet says. The company also launched a fee-collection service so partners can bill and settle transaction fees through Bitget Wallet’s infrastructure instead of building custom billing systems. Bitget’s API already supports token swaps, cross-chain transactions, and real-time market data; the firm reports average daily trading volume from its aggregator partners in excess of $20 million. Existing integrations include 0x, LI.FI, CoW Swap, deBridge, and XOSwap. Market activity around tokenized equities has accelerated recently. xStocks expanded its catalog to 100 tokenized U.S. stocks and ETFs earlier this year and has reported more than $25 billion in transaction volume. RWA.xyz data also shows Ondo and xStocks among the largest tokenized-stock issuers by asset value, with Ondo holding over $911 million and xStocks about $416 million. By delivering deterministic RFQ routing and built-in billing, Bitget Wallet is pushing tokenized assets from wallet features into the plumbing used by third-party platforms — a step that could lower friction for traders and developers seeking seamless token-to-stock execution onchain. Read more AI-generated news on: undefined/news