Stock trading platform Bitget introduces tokenized equities and risk management tools to traders in Kenya

Bitget Expands Cryptocurrency Services in Kenya

In a significant move, Bitget, a global cryptocurrency exchange, has expanded its services in Kenya by introducing tokenized stocks on its Onchain platform. This development allows Kenyan investors to access a wider range of investment opportunities, including over 100 tokenized U.S. equities, ETFs, and money market funds.

Established in 2018, Bitget is a world-leading cryptocurrency exchange and Web3 company, serving over 120 million users in 150+ countries and regions. The Onchain platform, a key part of Bitget's offerings, has seen rapid growth in Africa, with the Non-Custodial Wallet recording a staggering growth of 950%+ over the past year.

One of the advantages of the Onchain platform is its 24/7 market availability. This feature allows Kenyans to trade anytime, avoiding the need to wait for international market hours. This convenience, combined with the lower entry barrier that enables fractional access to top-tier equities with reduced transaction costs and full transparency onchain, makes it an attractive option for investors.

Bitget's expansion in Kenya is part of a broader strategy to increase its global footprint. The exchange has formed significant partnerships, including with xStocks and Ondo Finance. Through these partnerships, Kenyan crypto users can gain exposure to leading Multinational Corporations (MNCs) via a blockchain-native interface, bypassing traditional channels.

Ondo Finance, with which Bitget has joined the Global Markets Alliance, is a coalition of industry leaders working to standardize and promote interoperability for tokenized securities. This partnership will further boost Bitget's efforts to advance the adoption of tokenized assets.

In addition to its partnerships, Bitget has also made strategic moves in the sports industry. It has partnered with renowned athletes such as Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team) in Turkey.

Moreover, Bitget has formed a partnership with LALIGA, the World's Top Football League, in the EASTERN, SEA, and LATAM markets. This partnership underscores Bitget's commitment to providing its users with a diverse range of opportunities.

A notable development on the Onchain platform is the record-high trading volume of Onchain Gold. This growth is a testament to the platform's growing popularity and its potential to revolutionise the way investments are made.

In conclusion, Bitget's expansion in Kenya represents a significant step forward in the adoption of cryptocurrencies for investment purposes. With its user-friendly platform, 24/7 market availability, and strategic partnerships, Bitget is well-positioned to lead the way in the cryptocurrency industry.

Stock trading platform Bitget introduces tokenized equities and risk management tools to traders in Kenya