Bitget Wallet announced an investment in the new asset trading platform Tomarket, targeting the trillion-dollar trading market beyond traditional DEXs
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Bitget Wallet announced an investment in the new asset trading platform Tomarket, targeting the trillion-dollar trading market beyond traditional DEXs
Web3 wallet Bitget Wallet announced a joint investment with Foresight X in Tomarket, a decentralized new asset trading platform.
Navigating Web3 tides with focused insights
Recently, Web3 wallet Bitget Wallet announced a joint investment with Foresight X in Tomarket, a decentralized new asset trading platform.
Built by developers from renowned companies such as Binance and Microsoft, Tomarket targets market segments and user needs beyond traditional DEXs, facilitating trading for new asset classes such as RWA, crypto asset yields, loyalty points, and pre-TGE assets. It aims to enhance liquidity and value discovery for these assets while tapping into the multi-trillion-dollar potential of this emerging sector.
Tomarket is set to officially launch in July, initially opening access to users via a Telegram Mini App.
In 2024, following the Bitcoin halving and the U.S. SEC's approval of Bitcoin spot ETFs, the crypto industry has entered another phase of rapid growth. During this period, non-standardized assets beyond traditional crypto—such as project loyalty points, pre-TGE tokens, RWAs, and crypto bond yield swaps—have begun attracting increasing attention. These assets possess significant trading potential and strong demand, yet face challenges including poor liquidity and high trust costs in transactions. More importantly, the market currently lacks an integrated, one-stop solution tailored to these new asset types—this gap is precisely the context and motivation behind Tomarket’s creation.
The market size for this sector is estimated to reach trillions of dollars. Facing such a high-potential yet challenging landscape, Tomarket is committed to unlocking its value and vitality through product and mechanism innovation, driving robust growth in new crypto asset trading.
Alvin Kan, COO of Bitget Wallet, said: “Trading remains one of the core pillars of the crypto space. Beyond traditional token assets, new asset types such as RWAs and loyalty points are also highly promising. Bitget Wallet has always been dedicated to meeting users’ trading needs. Through this investment and our product collaboration with Tomarket, we aim to explore markets beyond traditional DEXs and advance the development of new crypto asset trading.”
In its roadmap released in May, Bitget Wallet announced the development of Bitget Onchain Layer—a middleware layer designed to help users better interact with the complex Web3 world, serving as the on-chain extension of Bitget’s ecosystem and its vision for a decentralized future. According to official sources, Tomarket is the first ecosystem partner within the Bitget Onchain Layer initiative. The two platforms will engage in deep product integration, and BWB loyal supporters will receive incentives through ecosystem empowerment initiatives.
About Bitget Wallet
Bitget Wallet is Asia’s largest and a globally leading all-in-one Web3 wallet, with over 20 million users worldwide. Its product suite includes wallet services, smart market data, Swap trading, Launchpad, inscriptions, NFT & DApp access, and earn programs. It supports more than 100 major public blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrency assets. By aggregating liquidity from hundreds of major DEXs and cross-chain bridges, it enables seamless trading across more than 50 blockchains.
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