todayonchain.com

BitGo stock jumps on NYSE debut as Ondo brings the stock onchain

Crypto Briefing
BitGo's stock rose nearly 13% on its NYSE debut after Ondo Finance tokenized the shares across multiple blockchains.

Summary

BitGo, a digital asset custody firm, successfully debuted on the New York Stock Exchange (NYSE) on Thursday, pricing its IPO at $18 and closing the session up approximately 13% near $20.1. Shortly after the listing, Ondo Finance made tokenized versions of BitGo shares available on-chain via Ondo Global Markets across Solana, Ethereum, and BNB Chain. This move represents one of the first instances where a newly public US company's stock became globally accessible on-chain almost immediately after its debut. The tokenization follows Ondo Global Markets' recent expansion to Solana, bringing the total number of available tokenized stocks on its platform to 205.

(Source:Crypto Briefing)