Bitget: Bitget, the world's largest Universal Exchange (UEX), today announced the launch of the private beta for Bitget TradFi, a new cross-market feature that provides crypto users with direct access to global forex, metals, commodities, indices, and stock CFDs using USDT as margin. This new feature is currently available for selected users to test, offering limited early-access capabilities.

According to BERNAMA News Agency, the addressable market for this feature is substantial. The Bank for International Settlements reports that global FX turnover has reached approximately $9.6 trillion per day, reflecting an increase of nearly 30% from 2022. Additionally, OTC interest-rate and FX derivatives trade in the trillions daily and are based on more than $700 trillion in notional outstanding. Retail access to these activities is increasingly facilitated via CFDs. The global CFD broker market is projected to reach $5.6 billion in revenues by 2025 and is expected to almost double by 2035. Bitget TradFi strategically positions the exchange to capitalize on this expanding segment by integrating it with digital assets.