Bitget launches Ondo stock token to rToken spot stock bonus conversion service

2026-06-23 11:304545

To further enhance the trading experience for stock assets, Bitget is launching a bonus-supported conversion service for Ondo stock tokens to rToken spot stock for users holding eligible Ondo stock tokens.

Eligible users may register through this announcement. Upon registration, Bitget will automatically process the conversion of Ondo stock tokens submitted based on the underlying stock shares represented by each token, and distribute the corresponding quantity of rToken spot stock.

Participation in this conversion will not change the underlying stock shares corresponding to users' assets. Users do not need to sell their Ondo stock tokens or repurchase rToken spot stock. The conversion can be completed seamlessly with no manual steps required.

[Register now]

Promotion period: June 23, 2026, 7:00 PM — July 3, 2026, 11:59 PM (UTC+8).

1. Why participate in the conversion?

After completing the conversion, users can convert Ondo stock tokens held in their Onchain accounts into Bitget rToken spot stock, enjoying a more unified, convenient, and cost-effective spot stock trading experience.

The following benefits are available to participants:

50% fee discount: Upon completion of the conversion, users will enjoy a limited-time 50% fee discount for rToken spot stock.
Zero slippage, zero fee conversion: Bitget will execute the conversion on behalf of all participants. Any trading slippage and fees incurred during the process will be borne by Bitget, with no action required from users.
Underlying stock shares remain unchanged: The conversion is calculated based on the underlying stock shares, so users' stock holdings remain the same before and after the conversion.
No action required and no conversion fees: Once registered, users do not need to take any further action, and no additional fees will be charged for this official conversion service.

2. How to participate?

In this announcement, click the "Register Now" button above to confirm your participation in the conversion.
Before the registration deadline, ensure that eligible Ondo stock tokens are held in your Onchain account.
Bitget will automatically process the conversion of Ondo stock tokens and distribute rToken spot stock based on snapshot results.

Note:

Only users who have successfully registered on the promotion page and hold eligible Ondo stock tokens at the time of the snapshot will be included in this conversion.
Participation in this conversion is voluntary. Ondo stock tokens belonging to users who have not registered will not be automatically included in the conversion.
The snapshot time is: June 24 at 5:00 PM — Users who hold the relevant assets before this cutoff are eligible to register, and can convert their Ondo stock tokens held prior to the snapshot into rToken spot stock with just one tap.

3. About rToken spot stock

Backed by real assets: Each rToken corresponds to underlying U.S. stock assets that have been genuinely purchased and are held in compliant custody.
Deeper liquidity: Connected to real liquidity from Nasdaq and NYSE, with lower trading slippage and faster order execution.
Full corporate action support: Supports cash dividends, stock dividends, stock splits, and consolidations.
Higher capital efficiency: Available for use in margin trading and bots.
Free deposits and withdrawals: Can be traded and managed flexibly, just like crypto assets.

Reality rToken is a next-generation U.S. spot stock product backed 1: 1 by real U.S. stock assets, connected to Nasdaq and NYSE liquidity, and available for trading, margin, and yield scenarios. Learn more.

4. Conversion rules

The token units of Ondo stock tokens and rToken spot stock may differ; therefore, this conversion is not a 1:1 conversion. Instead, it is calculated based on the underlying stock shares represented by each token.

The specific calculation method is as follows:

Quantity of rToken spot stock received = quantity of Ondo stock tokens held × shares per token

The conversion ratio is determined by the underlying stock shares represented by the respective Ondo stock tokens and rToken spot stock.

For example:

A user holds 10 NFLXon. Each NFLXon represents an underlying stock position equivalent to 10 shares of NFLX, and 1 NFLX share corresponds to 1 rNFLX. After the conversion, the user will receive:

10 × 10 = 100 rNFLX

Although the number of tokens may change before and after the conversion, the underlying stock shares remain unchanged.

The conversion ratio for each Ondo stock token is based on the shares per token value displayed below the candlestick chart on each token's page.

5. Conversion process and timeline

This conversion is expected to proceed as follows:

1. Ondo stock token conversion

Asset snapshots are expected to be taken each weekend (during market closure).

Based on snapshot results, Bitget will process the conversion of all eligible Ondo stock tokens from registered users' accounts into system custody.

2. rToken spot stock distribution

After the conversion, Bitget will distribute rToken spot stock to users' spot accounts at the applicable conversion ratio.

The distributed rToken spot stock will be temporarily frozen upon issuance. During the freeze period, users may view their assets but cannot trade or transfer them.

3. Underlying asset conversion

Bitget will centrally process the underlying asset settlement corresponding to Ondo stock tokens and the acquisition of underlying assets for rToken spot stock.

This process will be handled uniformly by Bitget; no action is required from users.

4. rToken spot stock unfreezing

The underlying asset conversion is expected to be completed by 10:00 PM on Monday (UTC+8).

Once completed, Bitget will lift the freeze on rToken spot stock in users' accounts. After unfreezing, users may hold or trade the corresponding rToken spot stock normally.

Actual timing may vary slightly due to market conditions, system processing, or settlement of underlying assets. Any changes will be announced officially.

6. Are assets safe during the conversion?

This conversion is calculated based on underlying stock shares. Bitget will provide a dedicated bonus to cover any price spread incurred during the conversion of Ondo stock tokens and the acquisition of underlying assets for rToken spot stock.

Users will not receive a reduced quantity of rToken spot stock as a result of bid-ask spreads incurred during platform execution of the conversion. The final quantity distributed is based on the fixed conversion ratio published on the promotion page.

Note that the market price of the stock assets corresponding to rToken spot stock will continue to fluctuate in line with normal market movements. The conversion quantity is not affected by execution spreads; however, the market value of the assets may rise or fall according to price changes in the underlying stocks.

Notes

Users must complete registration within the specified period; users who do not register will not be included in this conversion.
This conversion applies only to Ondo stock tokens held in on-chain accounts.
The conversion quantity is based on eligible Ondo stock tokens held in users' spot accounts at the time of snapshot.
Ondo stock tokens in open orders, frozen status, pending withdrawal, or otherwise unavailable are not eligible.
Once Ondo stock tokens are converted, the conversion request cannot be canceled.
rToken spot stock will be temporarily frozen upon issuance and cannot be traded, withdrawn, or transferred during the freeze period.
Conversion ratios may vary across different Ondo stock tokens due to corporate actions such as splits or dividends. Confirm the ratio displayed on the promotion page before registration.
Upon completion of the conversion, users' Ondo stock tokens will be deducted and corresponding rToken spot stock will be credited.
No additional conversion fees will be charged.
Stocks not supported by both Ondo stock tokens and rToken spot stock are not eligible for the conversion.
Users holding less than 100 USDT equivalent per single stock are not eligible.
Completion timelines may be adjusted due to market conditions, system maintenance, settlement of underlying assets, or other unforeseen factors.
Bitget reserves the right to modify, suspend, or terminate this service. Users will be notified via announcement in case of material changes.