Bitget secures New Zealand registration to expand tokenized stock services

cryptonews05:16

Bitget has completed its New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock products. Summary Bitget ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2653792017?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 05:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653792017","market":"sg","top_or_hot":-1,"title":"Bitget secures New Zealand registration to expand tokenized stock services","media":"cryptonews","content":"<div>\n<p>Bitget has completed its New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock products.\n\n\nSummary\n\n\n\nBitget ...</p>\n\n<a href=\"https://crypto.news/bitget-secure-new-zealand-registration-tokenized-stock/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitget secures New Zealand registration to expand tokenized stock services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitget secures New Zealand registration to expand tokenized stock services\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-24 05:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/bitget-secure-new-zealand-registration-tokenized-stock/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitget has completed its New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock products.\n\n\nSummary\n\n\n\nBitget ...</p>\n\n<a href=\"https://crypto.news/bitget-secure-new-zealand-registration-tokenized-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FNZ.NZ","symbol_name":"Smart NZ Top 50 ETF Units","start_time":0,"source_url":"https://crypto.news/bitget-secure-new-zealand-registration-tokenized-stock/","article_id":"2653792017","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/bitget-secure-new-zealand-registration-tokenized-stock/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653792017","pubTimestamp":1784841380,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Bitget has completed its New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock products.Bitget registered for five financial service categories in New Zealand and joined the IFSO dispute scheme.The registration supports Bitget’s rToken and Stock+ services covering tokenized and direct U.S. equities.Bitget plans a regulated U.S. return while keeping its platform restricted in Singapore.Bitget said its entry in New Zealand’s Financial Service Providers Register covers foreign currency exchange, domestic and cross-border money transfers, client asset custody, portfolio and money management, and the execution of financial products or foreign exchange transactions for clients. Bitget announced the registration on July 23.Bitget presented the registration as another part of its compliance network, citing its Digital Asset Service Provider license in El Salvador and authorization from South Africa’s Financia","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"FNZ.NZ":"Smart NZ Top 50 ETF Units","LU1620156130.USD":"BNP PARIBAS AQUA \"C\" (USD) ACC","MAS":"马斯科","T10G.NZ":"S&P/NZX 10","BK4588":"碎股","NZ50G.NZ":"S&P/NZX 50","LU2413665964.HKD":"BNP PARIBAS AQUA \"C\" (HKD) ACC","NZG.NZ":"Smart S&P/NZX 50 ETF Units","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","NZ20C.NZ":"S&P/NZX 20","LU1620156213.USD":"BNP PARIBAS AQUA \"C\" (USD) INC","NZT.NZ":"Smart S&P/NZX 20 ETF Units","LU1165135440.EUR":"BNP Paribas Aqua Classic Cap EUR","LU2413666004.HKD":"BNP PARIBAS AQUA \"CRH\" (HKDHDG) INC","TNZ.NZ":"Smart NZ Top 10 ETF Units","LU1721427968.SGD":"BNP PARIBAS AQUA \"CRH\" (SGDHDG) INC","LU1596574779.USD":"BNP PARIBAS AQUA \"C\" (USDHDG) ACC","BK4585":"ETF&股票定投概念","LU1543694498.USD":"法巴水资源基金RH MD Dis","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","BK4086":"建筑产品"},"translate_title":"Bitget 获得新西兰注册以扩展代币化股票服务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TNZ.NZ":0.6,"FNZ.NZ":0.6,"NZT.NZ":0.6,"T10G.NZ":1.5,"NZ20C.NZ":1.5,"MAS":1,"NZG.NZ":0.6,"NZ50G.NZ":1.5},"content_text":"Bitget has completed its New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock products.\n\n\nSummary\n\n\n\nBitget registered for five financial service categories in New Zealand and joined the IFSO dispute scheme.\nThe registration supports Bitget’s rToken and Stock+ services covering tokenized and direct U.S. equities.\nBitget plans a regulated U.S. return while keeping its platform restricted in Singapore.\n\n\n\nBitget said its entry in New Zealand’s Financial Service Providers Register covers foreign currency exchange, domestic and cross-border money transfers, client asset custody, portfolio and money management, and the execution of financial products or foreign exchange transactions for clients. Bitget announced the registration on July 23.\n\nWe are happy to announce that Bitget is now officially registered as a Financial Service Provider on New Zealand's Financial Service Providers Register (FSPR).The registration forms part of Bitget's work to build the operational and compliance infrastructure required for its… pic.twitter.com/usCAu8Pyea— Bitget TradFi (@Bitget_TradFi) July 23, 2026\n\nAlongside the registration, the exchange has joined the Insurance and Financial Services Ombudsman Dispute Resolution Scheme. The IFSO Scheme describes its service as an independent, fair and free channel through which consumers can pursue complaints against participating financial service providers.\nRegistration on the FSPR does not, by itself, mean that Bitget is licensed or regulated in New Zealand. New Zealand’s Companies Office states that registration neither represents government approval nor guarantees that a provider is subject to active supervision.\nAccording to the Companies Office, certain financial services also require a license from the Financial Markets Authority or the Reserve Bank of New Zealand. Bitget’s announcement identified its registered service categories but did not disclose a separate New Zealand license from either authority.\nRegistration covers trading, custody and money transfers\nUnder its registered scope, Bitget can provide foreign exchange services and transfer money within New Zealand or across national borders. The company’s announcement also included holding and safeguarding client assets, managing portfolios and executing transactions in products such as stocks and exchange-traded funds.\nJoining the IFSO Scheme adds a formal complaint process alongside those services. New Zealand’s FSPR guidance states that providers serving retail clients generally must belong to an approved dispute resolution scheme unless an exemption applies.\nBitget presented the registration as another part of its compliance network, citing its Digital Asset Service Provider license in El Salvador and authorization from South Africa’s Financial Sector Conduct Authority. The exchange said those approvals support its operations under separate national rules.\nHowever, Bitget follows different access policies in markets where it lacks local approval. In a July 22 notice, the exchange confirmed that it is not licensed, approved, registered, authorized or supervised by the Monetary Authority of Singapore.\n\nAs part of our commitment to regulatory transparency, Bitget clarifies that it is not licensed, approved, registered, authorized or regulated by the Monetary Authority of Singapore (MAS). https://t.co/lHaYWkalhF pic.twitter.com/BCRaypD8pj— Bitget (@bitget) July 22, 2026\n\nThe Singapore notice also states that Bitget does not make its services available to people in the country, solicit Singapore residents or direct offers toward them. Singapore remains listed as a prohibited country under the exchange’s terms, with platform access restricted from the jurisdiction.\nCommenting on Bitget’s regulatory approach, CEO Gracy Chen said:\n\n“As Bitget continues to expand globally, we will remain committed to meeting local regulatory requirements and building a trusted platform for our users.”\n\nSingapore’s MAS uses its Investor Alert List to identify businesses that consumers could mistakenly view as regulated by the authority. As crypto.news reported, MAS added decentralized exchange Hyperliquid to the list in June 2026, after which Hyperliquid stated that it had never claimed to possess approval from the regulator.\nTokenized stocks support Bitget’s expansion plans\nBitget’s New Zealand registration comes as the exchange builds two routes into U.S. equity markets. Its rToken product provides tokenized economic exposure to selected U.S. stocks and ETFs, while Stock+ gives eligible users broker-style access to real securities through licensed partners.\nAccording to Bitget’s product documentation, rTokens are issued by Reality and designed to carry 1:1 backing through shares held in custody. The tokens track assets such as Nvidia, Apple, Tesla and the SPDR S&P 500 ETF, although holding one does not provide the same ownership structure as buying a registered share through a traditional brokerage account.\nBitget says the rToken lineup covers more than 500 mainstream U.S. stocks and ETFs, with selected products available around the clock. Supported tokens can also be used in certain margin, collateral, lending and trading strategies, subject to product and regional rules.\nStock+ serves a different market by offering more than 10,000 U.S.-listed stocks and ETFs. Bitget’s documentation states that the service supports fractional holdings from 0.0001 shares, dividend payments and trading during U.S. market sessions, while access depends on a customer’s location and eligibility.\nThe exchange is also preparing to return to the United States after dropping an earlier expansion effort following FTX’s 2022 collapse and the enforcement pressure that followed. As crypto.news reported on July 22, Chen said Bitget intends to enter the market regardless of whether Congress passes the CLARITY Act.\nBefore offering U.S. services, Chen said the company plans to establish an independent local entity and pursue money-transmitter, derivatives and broker-dealer approvals. Bitget has not provided a launch date, making its entry dependent on completing the required approval processes.\nChen also told crypto.news that tokenized traditional assets accounted for 20% to 30% of Bitget’s spot trading volume during the previous quarter. According to her figures, 52% of its users held both stocks and cryptocurrencies, while Bitget’s tokenized-stock products had accumulated more than $100 million in assets.\nWith the New Zealand registration now complete, Bitget has added another jurisdiction to its financial-services network while keeping product access tied to local rules. Its progress in the United States will depend on obtaining separate approvals, just as its Singapore restrictions remain in force without MAS authorization.\n\n\n\n\n\n                Read more:\n            \n\n                Gate CEO Dr. Han says AI will assist traders, not replace them","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653792017","isCrawlerRequest":true}