BitGo and OTC Markets Plan to Provide Tokenized Securities Access Services for Brokers

According to Cointelegraph, digital asset infrastructure provider BitGo and OTC Markets Group plan to collaborate to offer digital asset trading and custody infrastructure for broker-dealers, aiming to expand institutional access to tokenized securities through existing market infrastructure. The two parties plan to serve over 150 broker-dealers using OTC Link ATS (an SEC-regulated alternative trading system), allowing participants to utilize their existing OTC and U.S. equities electronic trading infrastructure for quoting, trading, and settling digital asset securities. BitGo Bank & Trust will act as the qualified custodian, with settlements conducted via BitGo's Go Network. The framework initially supports digital asset securities and can be expanded in the future to include tokenized assets and commodities.