The Bitget platform is rapidly strengthening its position at the intersection of the crypto market and traditional finance. According to a recent Messari study, the Universal Exchange (UEX) model had already delivered about $18 billion in total tokenized stock volume by the end of 2025, with institutional participation being the key growth driver.
The report notes a significant transformation in trading structure: Bitget is gradually moving away from a retail-oriented model and becoming a venue dominated by professional participants working with multiple asset classes—from cryptocurrencies to the stocks of major U.S. corporations.
Why UEX Is in Demand Among Institutions
Messari analysts note that Bitget’s success is directly linked to the UEX architecture. The platform combines centralized trading, derivatives, access to on-chain assets, and elements of automated trade execution within a single interface. This approach reduces operational costs and simplifies risk management—critically important factors for funds and market makers.
Since the launch of tokenized stocks in July 2025, this segment has become one of the fastest-growing on the exchange. By November, futures volume for such instruments reached $13.6 billion, highlighting sustained institutional demand.
The report also emphasizes that in December, Bitget recorded nearly $1 billion in spot volume, accounting for about 89% of the global trading volume of Ondo tokenized stocks for the same period. This points to a concentration of liquidity on a single platform—a rare phenomenon for a young market segment.
Geography of Demand: Asia Leads, but Europe and Latin America Are Catching Up
The regional structure of trading has also changed. Nearly 40% of tokenized stock volume comes from East Asia. However, Messari notes accelerated growth in activity from traders in Latin America, Southeast Asia, and Europe.
Trading operates 24/5, allowing participants to react to company reports, macroeconomic events, and sharp market moves outside classic U.S. trading hours. According to analysts, this factor makes tokenized stocks attractive to global capital.
Which Stocks Drove the Volume
Investor interest is focused primarily on U.S. tech giants. Tesla led in total volume—over $6.3 billion. Meta, Strategy, Apple, and Google also contributed significantly to the volume. Together, these stocks generated more than $6.6 billion in trading activity.
Messari links the interest in these assets to high volatility amid earnings reports, macro factors, and the AI sector boom, as well as active use of leverage.
The Role of Institutions Is Becoming Defining
The report notes a sharp increase in the share of professional participants. In January, institutions accounted for about 39% of spot trading, but by December their share had risen to 82%. In the futures market, institutional market makers generate about 60% of the volume, positively impacting order book depth and execution quality during periods of high volatility.
According to Messari analyst Sheila Ferdana, this reflects a broader trend: the market is moving not toward fragmentation, but toward consolidation, where universal platforms become the main points of access to liquidity.
UEX as a Reflection of the New Market Order
Bitget is also actively developing its on-chain direction. Since the launch of Bitget Onchain in April 2025, total volume has exceeded $2.4 billion, covering the Solana, BNB Chain, Ethereum, Base, and Morph networks. Users can trade on-chain assets directly from their exchange balance without leaving the centralized infrastructure.
In conclusion, Messari finds that the Universal Exchange model reflects a structural shift in the entire industry. Cryptocurrencies, tokenized real-world assets, and institutional liquidity are gradually converging in a unified trading environment, changing the traditional logic of access to global capital markets.
If the current trend continues, Bitget risks becoming not just a crypto exchange, but a full-fledged global hub for trading digital and traditional assets in a single window.
Read More: Paradigm Invests $7.1 Million in Noise Startup—’Attention Market’ Prepares for Launch on Base Network