Bitget is launching the debut of US Stock FCN Fixed Coupon Notes, with a maximum APR of 71%.

BlockBeats News, August 18th, Bitget announced the official launch of FCNs (Fixed Coupon Notes), introducing structured products from traditional finance into the tokenized US stocks field, becoming the first crypto exchange to combine the FCN structure with USDT settlement and US stock rToken delivery.

The initial underlying assets and reference APR ranges are as follows: Sandisk SNDK 56%–71%, Marvell MRVL 49%–61%, Skyworks Solutions SKHY 46%–58%, Micron Technology MU 39%–48%, Nvidia NVDA 13%–16%. In addition, Bitget also launched a limited-time cashback event. Users who reach the specified subscription amount can receive corresponding cashback rewards, with a maximum reward of 10,000 USDT per person. The event ends on September 18th. For more details, please refer to the Bitget official platform.

Bitget's FCN (Fixed Coupon Note) is a type of structured financial product linked to a single US stock rToken. Users can purchase with USDT and set the execution price. At maturity, if the observed price is not lower than the execution price, the principal in USDT and fixed interest will be returned; if it is lower than the execution price, the principal will be converted to the corresponding rToken at the execution price, while still receiving the fixed interest.