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Crypto exchanges are selling stock options and tokenized stocks but users may not own what they think

Crypto exchanges are selling stock options and tokenized stocks but users may not own what they think

Bitget launched US stock options this week and says no other major crypto exchange offers them. The product starts with the simplest version of options trading, where eligible users buy single call or put contracts, with more complex strategies planned as it matures.

It sits alongside Bitget’s existing crypto markets, tokenized stocks, and contract-for-difference products in gold, forex, and indices.

The launch follows a record stretch in the options market itself. US listed options volume reached 15.2 billion contracts in 2025, up 26% from the prior year and the sixth straight annual record, with roughly 61 million contracts changing hands daily, according to Cboe.

An exchange that built its business on crypto trading now wants a piece of…

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