#OTCMarkets

BitGo, OTC Markets plan tokenized securities access for broker

BitGo and OTC Markets Group have announced a proposed alliance to integrate digital asset custody and trading infrastructure for over 150 broker-dealers. By leveraging the OTC Link ATS, a platform regulated by the SEC, the partnership aims to allow broker-dealers to quote, trade, and settle digital asset securities using existing electronic trading workflows. BitGo Bank & Trust will serve as the qualified custodian, utilizing its Go Network to facilitate settlement processes. This initiative is designed to lower operational barriers for traditional financial institutions by enabling them to handle tokenized securities without transitioning to entirely new crypto-native systems. While the framework initially focuses on digital asset securities, it maintains the potential to expand into broader tokenized assets and commodities as regulatory clarity improves. This development reflects a growing trend of traditional market infrastructure providers adopting blockchain-based solutions to capture the projected $4 trillion tokenized asset market by 2030. By bridging the gap between legacy systems and digital assets, the collaboration underscores the critical role of established broker-dealers in the institutional adoption of real-world asset tokenization.

Cointelegraph — Tokenization·2h ago