Reality Partners With Merkl To Bring Stablecoin Dividends To Bitget rToken Holders In DeFi - CoinGape
Reality, the tokenization platform of Bitget's rToken ecosystem, has partnered with Merkl to ensure stablecoin dividends reach rToken holders even when their assets are locked in DeFi protocols.
The integration addresses a critical challenge in decentralized finance where dividend payments can be lost when tokens are held in smart contracts rather than personal wallets. Merkl will employ its reward forwarding mechanism to identify the true owners of rTokens deposited across lending platforms, liquidity pools, and staking contracts.
Technology Tracks Ownership
Merkl's technology traces property through multiple layers of smart contracts and uses protocol-specific fees to determine eligible distributions. Users and developers can verify contract compatibility using Merkl Studio's Forwarder Scan tool.
Enhanced Tokenized Equities
Reality will continue issuing rTokens and dividends on the crypto exchange, while Merkl manages the infrastructure to find eligible holders in supported DeFi applications. The integration seeks to enhance rTokens' functionality beyond traditional trading by separating eligible economic benefits from token price movements.
Growing rToken Activity
The collaboration follows increased activity within Bitget's rToken system, with transaction volume reaching $1.16 billion in June-July 2026. Users involved in both cryptocurrencies and rTokens grew by 23.54% month-over-month in July.
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