Bitget in talks with Wall Street giants including BlackRock to expand distribution of tokenized ETFs across Asian markets

Bitget CEO Chen said the exchange has 125 million registered users, roughly half in East and Southeast Asia, and 52% of users already hold both crypto and stocks, positioning exchanges as distribution channels for asset managers. BlackRock, managing $15.3 trillion, has expanded tokenized cash offerings and built its Asia presence, including a new digital-assets role in Singapore announced in December. At Consensus Hong Kong 2026, BlackRock's Nicholas Peach said a 1% crypto allocation in Asia could drive nearly $2 trillion in inflows, based on an estimated $108 trillion in household wealth. Coinbase serves as custodian for most of BlackRock's U.S. bitcoin and Ethereum ETPs, per UK CEO Keith Grose.

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