BitGo and OTC Markets Group to join forces
22 July 2026 US
Image: Pabitra/stock.adobe.com
BitGo Bank & Trust and OTC Markets Group have announced their intention to pursue an alliance that brings digital asset trading and custody infrastructure to broker-dealers.
According to the firms, broker-dealers using US-regulated alternative trading system OTC Link ATS would benefit from support for digital asset securities and be able to expand their offerings across all tokenised assets, commodities, and wider blockchain-based financial markets.
The proposed alliance would be supported by Elysium’s post-trade platform, MatchHub, linking OTC Link ATS to digital asset custodians.
BitGo Bank & Trust would serve as the qualified custodian, securing assets and facilitating settlement between counterparties through its Go Network.
The firms say that the proposed initiative intends to “preserve traditional market structure principles within digital asset markets”.
Commenting on the alliance, Mike Belshe, CEO and co-founder of BitGo, says: “Financial markets function best when trading, custody, and settlement responsibilities are clearly separated, and fiduciary protections remain intact.
“Together, BitGo and OTC Markets are working toward bringing those principles to digital assets, giving broker-dealers a regulated pathway into the market without compromising on operational control, transparency, or client asset protection.”
Cromwell Coulson, president and CEO of OTC Markets Group, adds: “OTC Link ATS was built as mission-critical, electronic trading infrastructure and our relationship with BitGo is intended to extend that framework into digital assets.”
According to the firms, broker-dealers using US-regulated alternative trading system OTC Link ATS would benefit from support for digital asset securities and be able to expand their offerings across all tokenised assets, commodities, and wider blockchain-based financial markets.
The proposed alliance would be supported by Elysium’s post-trade platform, MatchHub, linking OTC Link ATS to digital asset custodians.
BitGo Bank & Trust would serve as the qualified custodian, securing assets and facilitating settlement between counterparties through its Go Network.
The firms say that the proposed initiative intends to “preserve traditional market structure principles within digital asset markets”.
Commenting on the alliance, Mike Belshe, CEO and co-founder of BitGo, says: “Financial markets function best when trading, custody, and settlement responsibilities are clearly separated, and fiduciary protections remain intact.
“Together, BitGo and OTC Markets are working toward bringing those principles to digital assets, giving broker-dealers a regulated pathway into the market without compromising on operational control, transparency, or client asset protection.”
Cromwell Coulson, president and CEO of OTC Markets Group, adds: “OTC Link ATS was built as mission-critical, electronic trading infrastructure and our relationship with BitGo is intended to extend that framework into digital assets.”
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