NewsCryptoBitget Secures New Zealand Financial Services Registration for Tokenized Stock Expansion

Bitget Secures New Zealand Financial Services Registration for Tokenized Stock Expansion

Author: crypto.news·

Key Takeaways

  • Bitget registered on New Zealand's Financial Service Providers Register across five service categories, though the registration does not equate to licensing or active regulatory supervision by the New Zealand government.
  • The exchange joined the IFSO Scheme to provide a formal complaint resolution channel for its New Zealand financial service operations.
  • Bitget's registration is intended to support its rToken and Stock+ products, which provide tokenized and direct access to over 500 and 10,000 U.S.-listed stocks and ETFs respectively.
  • Bitget confirmed it remains unlicensed in Singapore and continues to restrict platform access for residents of that jurisdiction.
  • Tokenized traditional assets accounted for 20% to 30% of Bitget's spot trading volume in the prior quarter, with tokenized-stock products accumulating more than $100 million in assets.
Bitget Secures New Zealand Financial Services Registration for Tokenized Stock Expansion

Bitget has completed a New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock offerings, the latest in a series of jurisdictional moves by global crypto platforms seeking to bridge digital asset trading with traditional equity markets.

The exchange registered for five financial service categories in New Zealand and joined the Insurance and Financial Services Ombudsman Dispute Resolution Scheme, or IFSO Scheme. Bitget said the registration supports its rToken and Stock+ services, which cover tokenized and direct exposure to U.S. equities.

Bitget said its entry on 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 on behalf of clients. The company announced the registration on July 23.

We 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

Alongside the registration, Bitget joined the IFSO Scheme. The scheme describes itself as an independent, fair and free channel through which consumers can pursue complaints against participating financial service providers.

Registration on the FSPR does not by itself mean Bitget is licensed or regulated in New Zealand. New Zealand's Companies Office states that registration does not represent government approval and does not guarantee that a provider is subject to active supervision.

According to the Companies Office, some 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.

Registration covers trading, custody and money transfers

Under the registered scope, Bitget can provide foreign exchange services and transfer money within New Zealand or across borders. The company's announcement also listed holding and safeguarding client assets, managing portfolios, and executing transactions in products including stocks and exchange-traded funds.

Membership in the IFSO Scheme adds a formal complaint process alongside those services. New Zealand's FSPR guidance says providers serving retail clients generally must belong to an approved dispute resolution scheme unless an exemption applies.

Bitget described the registration as part of its broader 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. Crypto exchanges have increasingly pursued multi-jurisdictional registrations as regulators worldwide tighten oversight of digital asset platforms, with major venues including Binance, Coinbase and Kraken securing or seeking national licenses across multiple markets.

The company applies different access policies in markets where it does not have local approval. In a July 22 notice, Bitget confirmed that it is not licensed, approved, registered, authorized or supervised by the Monetary Authority of Singapore.

As 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). pic.twitter.com/BCRaypD8pj — Bitget (@bitget) July 22, 2026

The Singapore notice also says Bitget does not make its services available to people in the country, solicit Singapore residents or direct offers to them. Singapore remains listed as a prohibited country under the exchange's terms, with platform access restricted from the jurisdiction.

Commenting on Bitget's regulatory approach, CEO Gracy Chen said: "As Bitget continues to expand globally, we will remain committed to meeting local regulatory requirements and building a trusted platform for our users."

Singapore'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. Hyperliquid later stated that it had never claimed to have approval from the regulator.

Tokenized stocks support Bitget's expansion plans

Bitget's New Zealand registration comes as the exchange develops 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. The push into tokenized equities places Bitget among a growing group of crypto platforms pursuing convergence between digital assets and traditional finance, a trend that has accelerated as major institutions including BlackRock and Franklin Templeton launch tokenized funds on public blockchains.

According 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.

Bitget 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.

Stock+ targets 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. Access depends on a customer's location and eligibility.

The 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, proposed legislation aimed at establishing a clearer regulatory framework for digital asset markets in the United States.

Before 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, leaving its entry dependent on completion of the required approval processes.

Chen 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 Bitget users held both stocks and cryptocurrencies, while the exchange's tokenized-stock products had accumulated more than $100 million in assets.

With the New Zealand registration 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 depends on separate approvals, while its Singapore restrictions remain in force without MAS authorization.