Bitget Wallet launches Assetback cashback tied to tokenized ETFs, gold and Bitcoin

Bitget Wallet’s Assetback program lets eligible Bitget Wallet Card users route purchase rewards into selected assets instead of taking a conventional cash-style rebate. The company says the card can pay up to 3% back, with rewards credited automatically to the user’s portfolio in assets such as Bitcoin, gold and tokenized stocks. The shift changes the product from a standard cashback model into one where spending builds positions in market-linked assets. That can resemble dollar-cost averaging for users who want to accumulate bitcoin, gold or tokenized equity exposure through routine purchases, but it also means the value of the reward can rise or fall after it is credited. Bitget has framed the change as a reward-mechanic update to the existing card rather than a new tier. Earlier product details said Assetback would launch Aug. 1 and would support seven reward assets including Bitcoin, Tether Gold, tokenized Nvidia, Tesla and Alphabet shares, an S&P 500-linked product, and USDC. Bitget previously said rewards become redeemable seven days after the transaction, users can change the selected reward asset once a month, and non-USDC rewards can be moved to a rewards account after reaching at least one USDC in accumulated value. The latest announcement highlights tokenized stocks as part of the reward menu but does not publish the per-asset rate breakdown, the spending thresholds required to reach the full 3%, or which tokenized equities are eligible. Bitget has also said monthly caps, merchant-category exclusions, risk reviews, and standard card or foreign-exchange charges may apply, so the effective rate for many users may be lower than the headline figure.