According to Cointelegraph, BitGo has partnered with OTC Markets Group to provide trading and custody infrastructure for tokenized securities to over 150 broker-dealers using OTC Link ATS. Participants can quote, trade, and settle using existing OTC and U.S. equity electronic trading infrastructure, with BitGo Bank & Trust serving as custodian and settlements processed through the Go Network.
BitGo Partners with OTC Markets Group to Offer Tokenized Securities Services
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Summary
BitGo has partnered with OTC Markets Group to launch tokenized securities services, utilizing the Go Network for custody and settlement. Over 150 broker-dealers on OTC Link ATS can now access a network upgrade that supports quoting, trading, and settlement using existing OTC and U.S. equity infrastructure. BitGo Bank & Trust acts as custodian, enabling seamless integration for participants. This development brings new crypto news to the tokenization space, expanding infrastructure for digital asset-backed securities.
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