Bitget and Block Scholes Report Finds Tokenized Stocks Can Reduce Capital Requirements by $165K in $1M Multi-Asset Portfolio

Introduction

Bitget, the world's largest Universal Exchange (UEX), has released a new research report examining the potential of tokenized equities to improve capital efficiency when used alongside crypto assets in a unified trading account. The report, titled "Capital Efficiency, Correlation Risk and Multi-Asset Trading on Bitget's Cross-Asset Unified Account", looks at the next stage of tokenized equities as they move beyond providing market access toward becoming usable collateral within multi-asset portfolios.

Methodology

The study models a portfolio containing $175,000 of tokenized AI and semiconductor stocks alongside BTC and ETH perpetuals and a short Nasdaq-100 ETF perpetual position. Under separate account structures, approximately $340,000 would need to be committed across the stock holdings and USDT margin. With Bitget's Cross-Asset Unified Account, the tokenized stocks can also count toward collateral, reducing the total committed capital to approximately $175,000.

Key Findings

Block Scholes found that the composition of collateral can materially affect a portfolio's resilience during market stress, particularly when the collateral and positions are exposed to similar market drivers. In its stress test, the modeled portfolio reached its estimated liquidation point after an approximately 21% correlated market decline when backed by tokenized-equity collateral. With an equivalent value of USDT as collateral, the portfolio could withstand an approximately 27% correlated decline.

Conclusion

The report highlights the trade-offs that come with greater capital efficiency. The findings point to a broader evolution in tokenized markets as competition shifts from bringing traditional assets onchain toward integrating them more deeply into multi-asset trading and capital management. Through its Universal Exchange model, Bitget is building toward a trading environment where crypto, tokenized equities, and other global assets can operate within the same capital framework.

About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution.