Amer Sports, Inc. tokenized stock price
rASAmer Sports, Inc. market info
Live rAS price today in USD
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What will the price of rAS be in 2027?
In 2027, based on a +5% annual growth rate forecast, the price of Amer Sports, Inc.(rAS) is expected to reach $0.00; based on the predicted price for this year, the cumulative return on investment of investing and holding Amer Sports, Inc. until the end of 2027 will reach +5%. For more details, check out the Amer Sports, Inc. price predictions for 2026, 2027, 2030-2050.What will the price of rAS be in 2030?
You can trade rAS on Bitget
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Detailed introduction to Bitget rToken (rAS)
In short, rAS is a tokenized stock issued by licensed issuer Reality, pegged 1:1 to real Amer Sports, Inc. stock. It supports 24/7 trading, fractional shares, and dividends, and can be used as margin for the platform's unified trading account and USDT-M futures.
Buy rASHow Bitget rToken (rAS) works
During U.S. market hours—including the regular session, pre-market, after-hours, and overnight sessions—spot orders for rAS are routed directly through a broker to the Nasdaq or NYSE order book. Once the trade is executed on the U.S. stock market, the execution result is reflected in the on-exchange spot order record. Any order you place for rAS while the U.S. market is open will also appear on the Nasdaq or NYSE order book. This means that during U.S. market hours, the trading price and liquidity of rAS are exactly the same as those of the underlying stock. Orders for rAS and their execution results are part of the U.S. stock market. There is no spread or so-called de-pegging, because rAS trades are executed directly on the U.S. stock market itself. The execution price you see for rAS is identical to the stock's price at that exact moment.
This makes rAS fundamentally different from traditional RWA tokens. The price of a traditional RWA asset is determined by on-chain liquidity and trading activity, whereas the price of rAS is directly equivalent to the stock price—it does not rely on any other mechanism to peg the asset's price. In terms of trading outcomes, trading rAS is no different from trading the stock directly.
Buy rAS with crypto assets on Bitget for the best stock trading experience
Bitget's spot trading market has listed over 500 rTokens (including rAS), offering native U.S. stock liquidity 24/5, with some trading pairs supporting 24/7 trading.
Market liquidity: The only tokenized stock that aligns with the market price and liquidity of major U.S. stock exchanges such as Nasdaq and the NYSE.
Maximum capital efficiency: rTokens can be used within the unified ecosystem for margin, Crypto Loans, Earn, and more, expanding the ways your assets can be used.
More flexible trading: Supports stablecoin deposits, T+0 fund turnover, 24/5 trading, with some pairs supporting 24/7 trading.
Fund security: The only RWA asset in the industry subject to daily third-party Proof of Reserves (PoR) audits, ensuring transparent asset reserves and protecting user funds.
Dividend rights: Eligible dividends are paid out to users' accounts in USDT.
Hold rAS and enjoy corporate actions aligned with the underlying stock
Corporate actions involving rAS (including dividend payments, stock splits, and reverse splits) are handled in the same way that a traditional broker would handle a stock position.
While holding rAS, whenever Amer Sports, Inc. stock pays a USD dividend, Reality automatically converts it into an equivalent amount of stablecoin (USDT) and distributes it 1:1 to the Bitget accounts of rAS holders. As a result, holding rAS entitles you to the same dividend rights as holding the actual stock, with the entire process handled automatically by the platform, requiring no manual action. It should be noted that dividends are subject to a flat 30% withholding tax applied by the U.S. to foreign investors. For users holding high-dividend assets (such as certain tech stocks or ETF-linked tokens), this means they can earn steady passive income on top of capital appreciation, further boosting the overall return on their holdings.
The issuer of rAS is based in El Salvador. Therefore, the withholding tax applicable to rAS follows the U.S. withholding tax rules for El Salvador.
Hold rAS and enjoy the flexibility of a crypto asset
Whether you're using a traditional broker or another platform, deposits and withdrawals are rarely a seamless experience. Traditional brokers may take time to process deposits. After a stock is sold, withdrawals typically take one to two days to process, and the funds may take even longer to arrive. Securities holdings also cannot be split, transferred, or reallocated. By contrast, rAS offers far greater flexibility than traditional stocks.
1. rAS can be sold on the exchange, and the proceeds are immediately available for transfer, with no T+1 restriction.
2. rAS can be freely transferred, withdrawn, or moved between sub-accounts, offering great flexibility and convenience. rAS is essentially a regular crypto asset, with no difference in use from Bitcoin.
3. rAS can be used directly as margin in a unified trading account to open futures positions. This allows users to participate in derivatives trading without selling their stock holdings, improving capital efficiency.
4. rAS can be used as collateral to borrow crypto assets such as USDT, USDC, and BTC on the platform for further trading or to purchase other rToken assets. This is similar to the margin lending services offered by traditional brokers and helps improve capital efficiency.
Understanding the risks
The advantage of rAS is that its price is exactly the same as the underlying stock's while also benefiting from the stock's deep liquidity. Even for less actively traded stocks, institutions don't need to worry about unexpected liquidations caused by price spikes resulting from insufficient on-exchange liquidity, as can happen with traditional tokens.
During weekends, when the U.S. stock market is closed, rAS continues to function as collateral without interruption. Even though rAS remains tradable over the weekend, its collateral value continues to be based on the last price before the U.S. market closes on Friday. This fixed index price is used for risk calculations, helping maintain a relatively stable collateral value and liquidation risk profile.
Why choose Bitget rToken? What are the main advantages of Bitget rToken over traditional stock investing?
Buy rAS nowWhat is the best platform to buy tokenized stocks (rTokens) like rAS?
rAS resources
What can you do with tokenized stocks (rTokens) like rAS?
Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 walletHow do I buy tokenized stocks like rAS with USDT?
Learn how to buy your first rAS tokenized stock in just a few minutes.
1. Create a free Bitget account.
2. Select a funding method.
3. Buy your target crypto.
How do I sell tokenized stocks like rAS?
Learn how to cash out tokenized stocks like rAS in just a few minutes.
1. Create a free Bitget account.
2. Deposit crypto into your Bitget account.
You can convert tokenized stocks like rAS to USDT on the spot market, then convert the USDT to fiat currency through the P2P market.
FAQ
How can I quickly understand the relationship between Amer Sports, Inc., AS, and rAS?
Amer Sports, Inc. is the name of the stock, typically based on the name of the company or ETF.
AS is the ticker symbol for Amer Sports, Inc. on a stock exchange and represents the underlying stock. It can be traded on traditional stock exchanges such as Nasdaq or the NYSE during applicable exchange trading hours, typically in fiat currency such as USD. Holders of AS shares may receive dividends and have shareholder status and voting rights in the company.
Amer Sports, Inc. tokenized stock is a new type of stock asset that brings AS stock on-chain and represents a tokenized form of AS stock. Amer Sports, Inc. tokenized stock can be traded on crypto exchanges. The name of Amer Sports, Inc. tokenized stock may vary by issuer, but all versions track the price and other relevant attributes of AS stock.
RWA issuance platform Reality has launched a series of tokenized products backed 1:1 by real stocks, collectively known as Bitget rToken. Bitget rToken supports 24/7 trading on the Bitget exchange and is typically priced and traded using stablecoins such as USDT. As one of the most popular tokenized stock products in the global market, Bitget rToken allows holders to receive dividend distributions corresponding to those of the underlying stock, automatically paid in USDT. However, holders do not have legal shareholder status or voting rights in the company.
rAS is the rToken code for the Amer Sports, Inc. tokenized stock issued by Reality. On the Bitget crypto exchange, rAS is available for spot trading through the rAS/USDT trading pair.
How can I trade Amer Sports, Inc. stock on a crypto exchange?
Bitget was among the first crypto exchanges to support trading Amer Sports, Inc. stock. There are currently two main ways to trade Amer Sports, Inc. stock on Bitget:
1. Buy Bitget rToken: Trade rAS on Bitget's spot stock market using stablecoins such as USDT. rAS is an RWA token for Amer Sports, Inc., based on Amer Sports, Inc. stock.
2. Buy through Bitget Stock+: Use stablecoins such as USDT to directly purchase real Amer Sports, Inc. shares (AS) on the U.S. stock market.
What is Reality?
Reality is the RWA issuance platform behind rToken, strategically backed by Bitget. It connects rToken to the underlying U.S. securities through regulated brokerage, custody, settlement, and blockchain infrastructure. Reality also engages U.S.-registered accounting firm The Network Firm to publish daily Proof of Reserves reports, verifying the 1:1 correspondence between issued rTokens and the underlying holdings.
Reality's official website: https://realityfinance.xyz
rAS is deployed on the Arbitrum network. Users can view detailed issuance information for rAS on the rAS token details page on Reality's official website (https://realityfinance.xyz/en/market/detail/AS). Users can also use the rAS token contract address to look up information such as the issuer (Reality) identifier for rAS and its Proof of Reserves records on an Arbitrum blockchain explorer.
What is the Amer Sports, Inc. tokenized stock issued by Reality?
The AS tokenized stock issued by Reality is rAS, an RWA crypto token that tracks real Amer Sports, Inc. stock on a 1:1 basis through blockchain technology and is supported for trading by Bitget.
Key features include:
1. Price tracking and economic benefits: Its price movements track Amer Sports, Inc. stock (AS) in the U.S. market in real time, and holders can receive dividends automatically distributed in USDT.
2. Crypto asset flexibility: It can be purchased directly using stablecoins such as USDT and supports fractional trading starting from as little as 1 USDT.
3. 24/7 trading and multiple uses: It supports 24/7 trading and can also be used directly as margin for futures trading or as collateral on crypto exchanges such as Bitget.
Bitget users can buy rAS on Bitget's spot stock market through the rAS/USDT trading pair.
Is rAS an RWA token?
Yes. rAS is a real-world asset (RWA) token issued by the licensed issuer Reality and supported for trading by Bitget.
Here's why:
1. Backed by a real underlying asset: rAS is not a purely synthetic crypto asset. It is issued by the licensed RWA protocol Reality, with each rAS backed 1:1 by real Amer Sports, Inc. shares (AS) held in custody with a compliant U.S. broker.
2. Tokenized on-chain: It tokenizes real-world stock assets from traditional finance (TradFi), allowing them to be transferred, traded, and settled in token form on the blockchain or through the crypto exchange Bitget.
3. Exposure to real economic benefits: Holders can benefit from changes in the underlying stock price and receive dividends generated by the underlying shares, which are automatically distributed in USDT. This reflects a key characteristic of RWA assets: linking on-chain tokens to real-world cash flows and economic rights.
What are the pricing and operating mechanisms of rAS?
rAS is a Amer Sports, Inc. tokenized stock issued by the licensed RWA protocol Reality. It is backed 1:1 by real Amer Sports, Inc. stock (AS) and can be traded on the crypto exchange Bitget through the rAS/USDT trading pair. Its pricing and operating mechanisms are as follows:
Price formation and tracking
Real-time price tracking: The price of rAS tracks Amer Sports, Inc. stock (AS) listed on the U.S. stock market on a 1:1 basis.
Direct access to native liquidity (during U.S. market hours): During regular, pre-market, and post-market trading sessions in the U.S. stock market, rAS spot orders are routed directly through the system to the Nasdaq or NYSE order book for execution, resulting in zero spread and eliminating depegging risk.
On-exchange pricing (when U.S. markets are closed or on weekends): When the U.S. stock market is closed, rAS switches to 24/7 on-exchange trading. Its price is generally based on the most recent U.S. stock market closing price and fluctuates dynamically based on buy and sell orders matched on the crypto exchange.
Underlying asset and economic rights
1:1 backing by real assets: Each rAS token issued is backed 1:1 by real shares of Amer Sports, Inc. held in custody with a compliant U.S. broker such as Alpaca. The reserves are also subject to daily Proof of Reserves (PoR) verification using Merkle tree data.
Minting and burning: When a user or institution subscribes to rAS on the platform, Reality purchases the corresponding amount of Amer Sports, Inc. stock in the U.S. market and mints new tokens. Upon redemption, the tokens are burned and the corresponding stock reserves are released.
Automatic dividend distribution and stock split handling:
Dividend payouts: When Amer Sports, Inc. stock pays a dividend in USD, a 30% U.S. withholding tax is automatically deducted. The remaining net dividend is converted to USDT and distributed to users' crypto accounts in proportion to their holdings.
Stock splits and reverse splits: In the event of a stock split, reverse split, or other corporate action, the system automatically adjusts the amount of rAS in users' accounts proportionally, with no manual action required.
Crypto utility and unified trading account use: rAS has the flexibility of a crypto asset. In addition to 24/7 trading, it can be used directly as margin for futures trading or as collateral for crypto borrowing in the unified trading account (UTA).
What's the relationship between rAS and AS stock?
AS is the underlying Amer Sports, Inc. stock, while rAS is the Amer Sports, Inc. tokenized stock issued by Reality and supported for trading by Bitget, backed 1:1 by AS stock. rAS brings AS stock on-chain.
Here's how the two are related and how they differ:
1:1 backing: rAS is issued by Reality, with each rAS backed by one real share of AS held in reserve. As a result, rAS's market performance and price movements track those of the underlying AS stock.
Economic benefits (dividends and stock splits): Holding rAS provides economic benefits corresponding to those of the underlying stock. For example, when AS pays a dividend, rAS holders receive a proportional dividend distribution converted to USDT in their accounts. Adjustments for stock splits and reverse splits are also reflected accordingly.
Legal status and trading access:
AS: Holders directly own shares in a publicly listed company through a traditional securities broker, with their equity interests subject to regulation by the SEC (U.S. Securities and Exchange Commission).
rAS: An RWA crypto token issued on the blockchain. It does not confer direct shareholder status or voting rights in Amer Sports, Inc., but provides corresponding economic exposure to the underlying asset.
Trading flexibility:
AS is generally traded in whole or fractional shares through a traditional broker during available U.S. stock market trading sessions, using fiat currency such as USD.
rAS can be traded 24/7 on the crypto exchange Bitget using stablecoins such as USDT. It supports flexible fractional trading and can also be used as collateral or margin for crypto derivatives trading.
What is the difference between rAS and AS stock?
Although rAS tracks the price movements and dividend returns of AS stock on a 1:1 basis, the two differ significantly in their underlying structure and use cases:
1. Asset structure and legal status
AS: Represents equity in a publicly listed company. Holders are registered shareholders of the company and have voting rights at shareholder meetings. The stock is regulated by financial authorities and organizations such as the SEC (U.S. Securities and Exchange Commission) and FINRA (Financial Industry Regulatory Authority), while eligible brokerage accounts may also be protected by SIPC (Securities Investor Protection Corporation).
rAS: An RWA crypto token issued on-chain by Reality and supported for trading by Bitget. Holders receive economic exposure corresponding to that of the underlying shares but do not directly own shares in Amer Sports, Inc. or have shareholder voting rights.
2. Trading hours and settlement
AS: Trading is limited to U.S. stock market trading sessions, including regular trading hours from 9:30 AM to 4:00 PM ET as well as available pre-market and after-hours sessions. Trades are settled in U.S. dollars, and fund movements are subject to the clearing and settlement cycles of the traditional financial system.
rAS: Tradable 24/7 using stablecoins such as USDT, with funds credited within seconds and no need to wait for currency conversion or traditional settlement.
3. Accessibility and fractional trading
AS: Typically requires opening an account with a traditional broker and completing identity and address verification.
rAS: Offers a simpler account-opening and identity verification process, with fractional purchases starting from as little as 1 USDT, lowering the barrier to entry.
4. Crypto utility and capital efficiency
AS: A traditional financial asset that cannot directly participate in the blockchain ecosystem or crypto trading.
rAS: Has the flexibility of a crypto token. In addition to spot trading, it can be transferred directly, used as margin in a unified trading account on a crypto exchange such as Bitget, or used as collateral to borrow crypto assets, enabling highly efficient capital use.
Does holding rAS make me a direct shareholder of Amer Sports, Inc.? Do I get voting rights?
Holding rAS does not make you a direct shareholder and does not grant voting rights. rAS is a tokenized asset issued by Reality and supported for trading by Bitget, rather than direct equity in the company.
No direct shareholder status: rAS is essentially an RWA (real-world asset) token issued on-chain by Reality and backed by real shares held in custody. The underlying Amer Sports, Inc. shares are held in custody with a compliant broker under the issuer's name, so you are not directly registered as a shareholder of Amer Sports, Inc..
No voting rights at shareholder meetings: Because you are not a registered shareholder, you cannot participate in Amer Sports, Inc.'s shareholder meetings or vote on major corporate matters, such as board elections or major acquisition proposals.
Economic benefits only: Although you do not have voting rights, you can still receive the economic benefits associated with the underlying stock, including gains from changes in its market price and USDT dividend distributions based on your holdings when Amer Sports, Inc. pays a dividend.
Are rAS/USDT on the spot market and ASUSDT on the futures market the same product?
No. They are two completely separate products and should not be confused with each other.
rAS/USDT on the spot market: The spot trading pair for rAS, the RWA token based on AS stock. rAS is issued by Reality and supported for trading by Bitget. It is a tokenized stock asset backed 1:1 by real Amer Sports, Inc. shares (AS), and holders are entitled to the corresponding economic benefits of the underlying stock, including dividends and adjustments for stock splits.
ASUSDT on the futures market: A futures derivative linked to AS stock. The ASUSDT perpetual futures contract is a separate derivative offered by Bitget for trading the price movements of Amer Sports, Inc. stock. It does not represent ownership of the underlying stock or confer dividend rights, and it is not linked to Reality's Proof of Reserves mechanism.
Simply put, rAS is a tokenized representation of the stock, while ASUSDT perpetual futures contract is a derivative linked to the stock. The two differ in their risk structures, economic rights, and funding rate mechanisms, so users should clearly distinguish between them when choosing what to trade.
If Amer Sports, Inc. undergoes a stock split or reverse split, what happens to my rAS holdings?
When Amer Sports, Inc. undergoes a stock split or reverse stock split, the quantity and price of rAS, issued by Reality and supported for trading by Bitget, are automatically adjusted accordingly, while the total value of each user's rAS holdings remains unchanged.
The adjustment mechanism and process are as follows:
Holdings and unit price are adjusted proportionally:
Stock split example (e.g., 10-for-1): If you hold 1 rAS, once the stock split takes effect, your rAS balance automatically increases to 10, while the unit price of rAS is adjusted to one-tenth of its previous price. Your total position value remains unchanged.
Reverse stock split example (e.g., 1-for-10): If you hold 10 rAS, once the reverse stock split takes effect, your rAS balance automatically decreases to 1, while the unit price of rAS is adjusted to 10 times its previous price. Your total position value remains unchanged.
Fully automatic, with no action required: Once the underlying U.S. shares held in custody by Reality complete the stock split or reverse stock split at the clearing level, the platform automatically updates users' on-chain and account holdings in the background. No manual withdrawal, conversion, or other action is required.
Temporary trading suspension and order cancellation: During the clearing window when a stock split or reverse stock split takes effect, the platform typically suspends trading of rAS and automatically cancels unfilled orders. Trading resumes automatically once account reconciliation and token quantity adjustments are complete.
Automatic adjustment of futures margin and collateral: If rAS is used as margin for futures trading or pledged as collateral for borrowing, the system automatically adjusts the collateral quantity and index mark price based on the stock split or reverse stock split ratio, helping ensure that your leverage and margin health are not affected by the change in quantity.
Can I still trade rAS when U.S. markets are closed or on weekends? Will its price depeg?
rAS is issued by Reality and supported for trading by Bitget, with 24/7 trading available. You can continue to buy and sell rAS when U.S. markets are closed or on weekends, with different pricing mechanisms applying during different trading periods.
U.S. market closures and weekend trading: rAS is tradable 24/7
During U.S. market hours (including pre-market, regular, and after-hours sessions): rAS orders are routed directly to the Nasdaq or NYSE order book, with prices synchronized in real time with the underlying U.S. stock market.
When U.S. markets are closed or on weekends: The system switches to on-exchange crypto market trading. Users can continue to place orders and trade using USDT on the exchange at any time.
rAS does not depeg
When U.S. markets are open (no depegging): Orders are routed directly to the U.S. stock market for execution, and execution prices track current U.S. stock prices directly, so depegging does not occur.
When U.S. markets are closed or on weekends (market-driven pricing rather than depegging):
While the U.S. stock market is closed and no new stock prices are being quoted, the price of rAS on the crypto exchange is determined by buy and sell orders matched on the exchange.
If major news breaks over the weekend, such as policy changes or significant industry developments, rAS may rise or fall in advance as market sentiment is reflected in its price. This represents early price discovery in the crypto market outside U.S. trading hours. When the U.S. stock market reopens on Monday, the price can quickly realign with the underlying stock market through the live order book.
Weekend trading risk notice
Lower liquidity than usual: With no native U.S. stock market liquidity during market closures, the order book may be thinner, and larger trades may face slightly wider bid-ask spreads.
Liquidation protection when used as futures margin: If rAS is used as margin for futures trading, the platform typically uses Friday's U.S. stock market closing price as a fixed index mark price over the weekend for risk calculations, helping prevent small on-exchange price fluctuations from triggering liquidation.
Which has lower fees for buying AS stock: a traditional broker or a crypto exchange?
The two methods have very different fee structures. A general comparison is provided below:
1. Buying AS through a traditional broker, such as Longbridge, Moomoo, Futu Securities, or IBKR
Trading commissions and platform fees: Many U.S. stock brokers now offer zero-commission trading, charging only a small platform fee of around $0.99–$1 per trade. Some brokers that do not charge platform fees have trading costs close to zero.
Cross-border funding and FX conversion costs (the main cost): For users outside the U.S. who fund their accounts in local currency to buy U.S. stocks, bank wire transfer fees and FX spreads of around 0.5%–1.5% can represent the main hidden costs.
Regulatory fees: Stock sales may incur small SEC regulatory fees and FINRA trading activity fees, typically amounting to only a few cents per trade and having minimal impact on overall costs.
2. Buying rAS, issued by Reality, on the crypto exchange Bitget (trading pair: rAS/USDT)
Transaction fees: Standard crypto exchange spot transaction fees apply, with base rates typically around 0.05%–0.1%. Fees may be reduced further by holding a platform token such as BGB or reaching a higher VIP level.
No fiat FX conversion costs: You can trade directly using USDT held in your account, avoiding the fiat FX conversion and cross-border wire transfer costs typically associated with traditional finance.
No SEC fees: As the transaction involves an on-chain token rather than a directly cleared U.S. stock trade, the related regulatory fees do not apply.
Recommendations by scenario:
If you hold crypto such as USDT, buying on a crypto exchange may be more cost-effective. Converting USDT into USD cash and then buying AS through a traditional broker may incur P2P conversion costs, bank deposit and withdrawal fees, and FX fees, with combined costs typically around 1%–2% or more. By comparison, buying rAS directly on a crypto exchange may incur only a transaction fee of around 0.05%–0.1%.
If you hold non-USD cash, buying on a crypto exchange may also be more cost-effective. Converting non-USD cash into USD and then buying AS through a traditional broker may involve FX spreads, wire transfer fees, and broker platform fees or commissions, with combined costs typically around 0.5%–2% or more. Buying rAS directly on a crypto exchange avoids fiat FX conversion and cross-border wire transfers, leaving only a spot transaction fee of around 0.05%–0.1%. This may offer greater cost and capital efficiency.
If you hold USD cash, buying through a traditional U.S. broker may be more cost-effective. Funding a brokerage account directly in USD can provide access to zero-commission or very low-cost trading. Converting USD into USDT first to buy rAS may instead introduce an additional funding cost.
Which exchanges support trading AS tokenized stock with USDT?
In the growing ecosystem connecting crypto with U.S. stock RWAs, direct USDT trading of AS tokenized stock is primarily available on Universal Exchanges (UEX). Bitget is currently one of the leading platforms in this space by trading volume.
In June 2026, Bitget became one of the first exchanges in the industry to launch a next-generation tokenized stock product—Bitget rToken. Bitget rToken lets users trade popular U.S. stocks (including AS) on the spot market directly using major stablecoins such as USDT.
Bitget rToken: Access Wall Street liquidity, receive real dividends, and use your holdings as futures margin!
Quick steps to buy AS tokenized stock on Bitget's spot stock market:
1. Sign up and complete identity verification: Log in to your Bitget account and complete basic identity verification.
2. Prepare USDT: Make sure you have USDT in your spot or funding account.
3. Go to the stock section: Find the stock section on the platform and search for "rAS".
4. Place your order: Enter the amount of USDT you want to spend or the number of tokens you want to buy, then place a market or limit order to complete your purchase.
Does Bitget rToken support buying fractional shares of AS?
Yes, Bitget rToken supports fractional share trading of U.S. stocks.
With Bitget rToken, users can use cryptocurrencies such as USDT to buy tokenized U.S. stocks, including AS, in whole or fractional amounts. As blockchain-based assets, tokenized stocks are highly divisible, allowing users to buy fractions of AS worth just a few USDT rather than purchasing a whole share.
Key features of fractional U.S. stock purchasing on Bitget:
1. Direct access with crypto: No need for traditional offshore wire transfers—you can gain exposure to U.S. stocks directly with USDT.
2. Economic benefits: rToken holders are entitled to the corresponding economic benefits of the underlying assets, such as cash dividends.
3. Compliance and settlement: Underlying trading and settlement are supported by licensed financial institutions such as Reality and Alpaca.
4. Regional restrictions: This feature is restricted in certain countries and regions, including the United States, the United Kingdom, the EU, Singapore, and Hong Kong. Refer to Bitget's current eligibility requirements for details.
What is rAS, and how does rAS work?
rAS is a newly launched Bitget rToken—a tokenized stock issued by Reality and pegged 1:1 to AS stock.
rAS offers the following features: 1:1 exposure to the underlying AS stock, 24/7 trading, fractional trading, dividend payouts, and eligibility for use as margin in the platform's unified trading account and USDT-M Futures.
This means that even without a U.S. brokerage account, you can use cryptocurrencies such as USDT to buy rAS, giving you exposure to AS stock along with AS's dividend payouts.
Trading rAS works much like trading BTC or other cryptocurrencies. The platform also allows users to buy AS shares directly through its U.S. stock trading service.
How rAS works:
1. Priced and traded directly in USDT: There's no need to convert your funds into U.S. dollars or make offshore wire transfers. You can buy and sell AS tokenized stock (usually displayed as rAS) directly using USDT in your wallet or account.
2. Fractional trading: Tokenized stocks are highly divisible on the blockchain, allowing users to buy fractions of AS worth just a few USDT rather than purchasing a whole share.
3. 1:1 economic exposure and dividends: Assets in this category are backed by compliant RWA issuers such as Reality, providing 1:1 economic exposure to the underlying assets. When the underlying U.S.-listed company pays a cash dividend, Bitget automatically converts the dividend into USDT and distributes it to users' accounts.
4. Deep ecosystem integration: Under Bitget's Universal Exchange (UEX) framework, AS tokenized stock can be traded on the spot market and may also be supported across the unified trading account, margin trading, grid trading bots, and derivatives.
Who issues rAS? Which chain does rAS run on?
The launch and operation of rAS involve collaboration among multiple parties:
rAS issuer: Reality Protocol—a licensed RWA protocol under Bitget. Reality Protocol is responsible for the on-chain issuance of RWA stock tokens and the custody of the corresponding underlying stock assets, ensuring that each token corresponds 1:1 to an actual holding.
Stock custodian: Alpaca Securities—a regulated broker registered with FINRA in the United States and covered by SIPC. Alpaca Securities is responsible for the custody of the underlying stock assets backing all RWA tokens, ensuring that each token is backed by an actual holding.
Asset verification: The Network Firm—an independent third party. The Network Firm independently verifies the underlying stock holdings held in custody by Reality, providing independent assurance.
Trading and liquidity platform: Bitget—The exchange serves as the primary spot and derivatives trading venue, providing the liquidity needed to trade rAS directly with USDT.
rAS runs on the Arbitrum chain. Users can interact with the asset on-chain and off-chain through wallets that support the network or through a Bitget unified trading account.
Is rAS backed 1:1 by real AS share?
rAS is designed to be backed 1:1 by real underlying AS share.
According to the mechanism published by Reality Protocol, when a user buys rAS on Bitget, the issuer purchases and holds a corresponding amount of AS shares in the U.S. stock market through a licensed broker such as Alpaca Securities.
If I hold rAS on Bitget, do I receive dividends from AS stock? Does rAS distribute dividends on a 1:1 basis?
rAS mirrors the economic benefits of the underlying asset on a 1:1 basis. This means that rAS's price movements, dividends (such as cash dividends, which are automatically converted into stablecoins and distributed), and corporate actions such as stock splits are synchronized with those of the underlying AS stock.
rAS provides 1:1 tracking of the underlying asset and its corporate actions:
Cash dividends paid directly: Cash dividends from stocks are automatically converted into USDT and credited directly to your account, with the payment time and amount clearly displayed.
Stock dividends distributed directly: Stock dividends are credited to your account as tokenized shares on a 1:1 basis in real time, with your cost basis and total asset value updated instantly.
Real-time stock splits and reverse splits: Stock splits and reverse splits are reflected on-chain in real time, ensuring your holdings remain fully synchronized with the U.S. stock market while helping minimize depegging risk.
What is the current price of rAS?
The real-time price of rAS is $0. For the most accurate, up-to-date price data, check the top of this page, where key metrics are updated in real time around the clock, including the last price, 24-hour price change, historical price chart, P/E ratio, dividend yield, dividend amount, and other stock data. You can also scroll down for more analysis of today's rAS price, or click the "Trade" button to go to the trading page and view a more detailed live order book and depth chart.
Can I use tokenized stocks as collateral for futures trading on Bitget?
You can use eligible tokenized stocks (rTokens) as margin for futures trading on Bitget.
Bitget has launched a cross-asset unified trading account (UTA) and multi-asset margin mode, allowing users to include eligible tokenized assets linked to major U.S. stocks and ETFs (such as Apple, Tesla, Nvidia, Microsoft, Amazon, SPY, and QQQ, among hundreds of other assets) in a unified margin pool.
Key points:
Multi-asset collateral: Once you enable the unified trading account or multi-asset margin mode, these tokenized stocks not only provide exposure to the price of the underlying assets but can also be used as margin for derivatives or futures trading, such as USDT-M Futures.
Improve capital efficiency: There's no need to sell your tokenized assets or convert them into stablecoins—you can use them directly as margin to improve the overall capital efficiency of your portfolio.
Risk warning: Using tokenized assets as collateral increases your account's overall leverage. If the price of a tokenized stock declines, you may face a margin call or liquidation, so be sure to manage your position risk carefully.





























