BitGo, OTC Markets Open Tokenized Securities to 150+ Broker-Dealers

Broker-dealers will be able to generate quotes, set prices, and complete digital-security trades through the same electronic infrastructure they already use for conventional securities. The initial focus is digital securities, with tokenized commodities and alternative assets possible later as regulators clarify the rules.

BitGo's federal trust bank charter, granted last year, lets it offer supervised custody for tokenized securities. OTC Markets Group's stock rose about 2.7% to $53.50 after the announcement.

The partnership lands as multiple financial institutions build platforms for blockchain-based equities, commodities, and investment products. Forecasts cited in the announcement project tokenized real-world assets could reach multi-trillion-dollar valuations by the end of the decade.