[DigitalToday reporter Chi-gyu Hwang (황치규)] Cryptocurrency exchange Bitget has launched Stock+, which allows users to convert digital assets into Circle's USDC and buy U.S. stocks in single-share units or in fractional amounts, The Block reported on Sunday.

According to The Block, Stock+ users will have actual ownership of underlying shares and will also receive benefits such as cash dividends and stock split adjustments. Shareholder rights such as voting and receiving dividends can be exercised only through the Bitget platform.

Bitget also supports transferring existing U.S. stocks into Stock+. Users can consolidate stock positions spread across multiple places into a single portfolio. Transfers to external platforms are not currently provided. This function will be supported later.

Stock+ trades are executed through U.S.-licensed brokers RQD Clearing and Atomic Vaults Securities. Services related to U.S. stock trading are provided by Bitget Group affiliate Pharsa Financial Services, which holds a licence in South Africa.

Residents of many countries, including the United Kingdom, Australia, Canada, EU member states, Singapore, Hong Kong and South Korea, as well as India, Kenya and Vietnam, cannot use the service.

Bitget said Stock+ is aimed at realising its vision of a "universal exchange" that integrates cryptocurrencies, tokenised assets, commodities and stocks on a single platform.