Bitget and Merkl partner to enable dividend pay... - Pluang
Bitget has partnered with DeFi rewards platform Merkl to enable dividend distributions for holders of tokenized U.S. stocks (rTokens) when used in supported DeFi protocols.
The partnership addresses a key challenge in DeFi dividend distribution by using Merkl's technology to trace rToken ownership through complex smart contracts. Dividends will be paid out in stablecoins following applicable rules when these tokens are used in supported DeFi protocols like lending, liquidity pools, and staking.
Market Context
The announcement comes amid a volatile cryptocurrency market where most major tokens are declining. Among 50 major cryptocurrencies priced on Pluang, only 10 rose while 39 fell on November 8, 2026. Notable gainers include BAL (Balancer) which increased 11.14%, ONE (Harmony) up 8.40%, and EOS (EOS.IO) rising 8.13%.
Broader Industry Developments
Meanwhile, Firefly Aerospace has been selected as a vendor under NASA's $10 billion Commercial Lunar Payload Services (CLPS) 2 contract, enabling it to compete for lunar delivery tasks over the next decade. In the crypto space, Bitcoin fork ECX launched on October 29, 2026, with holders able to claim new coins but must perform careful transactions to avoid losing Bitcoin.
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