BitGo, OTC Markets plan tokenized securities access for broker-dealers
BitGo and OTC Markets Group plan to partner on trading and custody infrastructure for broker-dealers to support digital asset securities. The setup would let more than 150 broker-dealers using OTC Link ATS quote, trade, and settle tokenized securities through their existing OTC and equity-market systems rather than adopting crypto-native infrastructure. BitGo Bank & Trust would serve as qualified custodian, with settlement handled through BitGo’s Go Network. The initial focus is digital asset securities, with possible expansion to tokenized assets and commodities as rules develop. The move reflects growing institutional interest in tokenization and comes after BitGo won federal trust bank approval from the OCC, strengthening its custody role. OTC Markets shares rose on the announcement.
