Bitget has launched a Fixed Coupon Note, or FCN, tied to tokenized U.S. stocks, combining a structured finance product with USDT settlement and delivery of stock rTokens. Eligible underlyings include Sandisk-linked SNDK, Marvell-linked MRVL, SK Hynix-linked SKHY, Nvidia-linked NVDA and Micron-linked MU, with reference APR ranges of 56% to 71%, 49% to 61%, 46% to 58%, 13% to 16% and 39% to 48%, respectively. Users deposit USDT for a set term and choose a strike price. If the stock rToken is at or above that price at maturity, they receive their USDT principal and the fixed coupon. If it is below the strike, the principal is converted into the corresponding rToken at the agreed price, while the coupon is paid in USDT. Bitget said the product is intended for users seeking a potential entry into an equity at a predetermined price rather than buying at the prevailing market price. The FCN is not principal-protected, and the value of delivered rTokens can fall if the underlying stock declines. Bitget will run an FCN campaign from Aug. 17 through Sept. 18, 2026, with rewards available to eligible first-time and cumulative subscribers.