Bitget Wallet Launches ‘Assetback’ Cards, Delivering Rewards in Bitcoin, Gold, and US Equities

SAN SALVADOR, El Salvador — Traditional credit card rewards are a massive joke. You spend thousands of dollars just to earn a handful of airline miles that expire before you can even book a flight, or worse, some arbitrary retail points that are practically designed to be forgotten in a junk folder.

But what if your daily lunch run automatically bought you a fractional share of Nvidia, a sliver of physical gold, or a satoshi of Bitcoin?

That is the pitch behind “Assetback,” a new cashback program launched by self-custodial powerhouse Bitget Wallet. Unveiled on August 1, 2026, the feature completely reimagines their crypto-backed Visa and Mastercard, which are currently active across more than 50 global markets.

Instead of giving you a tiny trickle of depreciating fiat currency back on your purchases, the card automatically converts up to 3% of your daily spending into actual, portfolio-building assets. It is a simple, set-and-forget mechanism that quietly turns bad spending habits into a long-term investment strategy.

To make this work without forcing users to open traditional, highly restrictive brokerage accounts, Bitget is leaning heavily into tokenized real-world assets (RWAs).

The tokenized equities—which include heavy hitters like Tesla, Google, and the S&P 500—are powered by xStocks, a digital asset infrastructure framework developed by Payward.

By utilizing Backed Assets (JE) Limited’s 1:1-backed tokenized equities, the card bypasses traditional banking gatekeepers entirely.

Note, however, that due to standard regulatory headaches, this feature is explicitly unavailable to U.S. residents, who are redirected to standard stablecoin payouts under Kraken’s compliance terms.

The numbers behind this shift show that crypto-backed plastic is no longer a niche gimmick. According to recent market data, monthly crypto card payment volume across the industry surged to an eye-watering $656 million in May 2026, a massive leap from just $271 million a year earlier. Cumulative transaction volumes have cruised past $7.8 billion.

Bitget Wallet itself, which claims to serve over 100 million users globally, reported that its card transaction volume nearly tripled in the first half of 2026 alone as user spending patterns began to look identical to those of traditional debit card holders.

Frankly, using daily consumer spending as a passive, automatic dollar-cost averaging (DCA) tool is a stroke of genius. As Alvin Kan, COO of Bitget Wallet, pointed out, the structural plumbing to deliver fractional ownership on the fly simply did not exist until very recently.

Now, with the launch of the program globally, they have successfully closed the gap between daily payments and wealth building. It is a subtle shift, but it might just represent the most practical, real-world use case for tokenized real-world assets we have seen yet.