23.07.2026 15:30
As the tokenized stock market grows, investors are increasingly paying attention not only to which assets they can access but also under what liquidity and pricing conditions transactions occur. New research published by CryptoRank has revealed that price slippage differences between platforms have become more significant in large-volume transactions.
According to the research, Bitget's Reality rToken infrastructure recorded simulated price slippage up to 58% lower on $50,000 transactions among the tokenized equity products included in the comparison.
DIFFERENCE GROWS IN $50,000 TRANSACTIONS
CryptoRank's research examined tokenized products linked to Nvidia, Microsoft, Meta, and Tesla.
The study compared the price slippage caused by simulated orders of both $10,000 and $50,000 on the market.
According to the report, Bitget's Reality rToken products showed the lowest simulated price slippage in large-volume transactions across all four assets examined.
It was noted that especially in $50,000 orders, the difference reached up to 58% compared to some rival tokenized equity products.
LIQUIDITY NOW ONE OF THE KEY CRITERIA
With the widespread adoption of tokenized stocks, the market's focus is shifting from asset diversity alone to transaction quality.
In its assessment, CryptoRank stated that although platforms offer products tracking the same stock, there are significant differences in liquidity mechanisms, redemption models, investor rights, and transaction infrastructure.
The report indicated that Bitget's results are associated with its infrastructure leveraging underlying market liquidity connected to NYSE and Nasdaq.
This structure was evaluated as contributing to deeper liquidity and lower price slippage, especially in larger transactions.
TOKENIZED ASSET MARKET APPROACHES $2 BILLION
According to the research, the total on-chain value of the tokenized stock market is approaching $2 billion, while the number of on-chain users holding these products has exceeded 471,000.
The growing market indicates increasing demand for traditional financial assets to become accessible through blockchain infrastructures.
However, the legal structure of tokenized equity products, investor rights, and how the product is linked to the underlying asset can vary from platform to platform.
DEPTH NOTABLE IN NVIDIA AND TESLA PRODUCTS
According to data shared by CryptoRank, the two-way order book depth for Bitget rToken products was recorded at 192 basis points for Nvidia, 169 for Microsoft, 172 for Meta, and 192 for Tesla.
Other products compared in the study showed lower market depth at the same levels.
This difference stands out as a key factor determining how far an investor might deviate from the buy or sell price, especially in high-value orders.
"TOKENIZATION IS NO LONGER JUST A MATTER OF ACCESS"
Bitget CEO Gracy Chen, commenting on the research results, said the tokenization market has entered a new phase.
Chen noted that if even a small portion of global financial assets were tokenized in the coming years, significant transformation in capital markets could occur, adding that transaction quality, liquidity, and market infrastructure would be decisive in the new era.
Chen also stated that independent research is important for establishing common standards in tokenized markets.
TRADITIONAL FINANCE AND CRYPTO INFRASTRUCTURE CONVERGE
Bitget states that within its Stock+ ecosystem, it has developed a structure providing eligible users access to tokenized stocks, ETFs, commodities, and certain traditional financial assets through a single account.
The company says it aims to create a broader infrastructure for tokenized capital markets by combining the 24/7 crypto market infrastructure with liquidity sources in traditional markets.
CryptoRank's research, meanwhile, indicates that competition in the tokenized asset market will shape in the coming period not only by the number of products but also by liquidity, price slippage, investor rights, and transaction infrastructure.
The data in this content is based on research conducted by CryptoRank and information shared by Bitget. The content is for general informational purposes and does not constitute investment advice. Tokenized assets and digital financial products may involve risks related to price volatility, liquidity, and regulation.