Kuala lumpur: Bitget, the leading cryptocurrency exchange and Web3 company, today announced the launch of the industry's first RWA (Real-World Asset) Index Perpetual Contract. This pioneering product, set to go live on August 20, introduces a new way for users to trade tokenized traditional assets, starting with selected RWA products including TSLAUSDT (RWA), NVDAUSDT (RWA), and CRCLUSDT (RWA).

According to BERNAMA News Agency, the RWA Index Perpetual Contract is built on a composite of tokenized stock indices already circulating in the market. Each index contains one or more RWA tokens to track prices from different third-party issuers. For example, the AAPL RWA Index Perpetual Contract may represent a composite of AAPL tokens issued by a couple of different third-party issuers.