Bitget, the world’s largest Universal Exchange (UEX), today released a joint report with Block Scholes examining liquidity conditions across its real-world asset (RWA) perpetual futures markets. The research finds that tokenized equity and commodity markets on Bitget have continued to mature throughout 2026, with liquidity levels increasingly approaching those of major crypto trading pairs.
Among the report’s findings, NVDA-USDT reached approximately $4.1 million in resting liquidity within 2% of the mid-price by mid-May, representing roughly three-quarters of the market depth observed in Bitget’s BTC/USDT spot market. The report suggests that tokenized markets are increasingly developing the market quality required to support active trading, hedging, and cross-market positioning.
The research also explored how Bitget’s RWA perpetual markets performed during periods of elevated volatility, including the onset of the US-Iran conflict in February 2026. While spreads widened briefly following the initial announcement, liquidity recovered quickly and market depth returned to typical levels within days, highlighting the resilience of tokenized markets during geopolitical uncertainty.
“Access alone is no longer enough and the conversation around tokenization has moved beyond access,” said Gracy Chen, CEO of Bitget. “What matters now is whether users can move capital efficiently between markets without sacrificing liquidity. Whether someone is trading crypto, equities, gold, or tokenized assets, they expect the same depth and speed. That’s why liquidity is becoming one of the most important measures of success for tokenized markets. As these markets mature, we’re getting closer to a future where the distinction between traditional and digital assets matters less than the opportunities they provide.”
The report forms part of Bitget’s broader effort to understand how tokenized financial markets are evolving as traders increasingly seek access to both digital assets and traditional market exposures through a single trading environment. The findings support the company’s Universal Exchange strategy, which brings together crypto assets, commodities, equities, and tokenized financial instruments within a unified platform experience.
The post Tokenized RWA Markets Remained Resilient During US-Iran Conflict – Bitget-Block Scholes Report appeared first on FF News | Fintech Finance.


