The post Ondo Finance launches tokenized version of BitGo stock appeared on BitcoinEthereumNews.com.

Ondo Finance has expanded its tokenized equities platform with the launch of onchain exposure to newly public BitGo stock. Summary Ondo launched tokenized exposure to BitGo stock on the day of its IPO. The asset is available on multiple blockchains through Ondo Global Markets. The move extends on-chain access to a newly listed U.S. stock. Ondo Finance has introduced on-chain access to BitGo shares on the same day the crypto custodian made its public market debut. The launch was announced by Ondo (ONDO) on Jan. 22, following BitGo’s initial public offering on the New York Stock Exchange. BitGo IPO meets onchain distribution The tokenized asset, known as BTGOon, provides economic exposure to BitGo’s publicly traded stock through Ondo Global Markets. The product is available on Ethereum, Solana, and BNB Chain, allowing eligible non-U.S. users to trade exposure to BitGo shares five days a week using blockchain infrastructure. Just went public. Tokenized on day one. Following its public debut on the NYSE today, tokenized BitGo will be accessible via Ondo Global Markets. BTGOon will be live onchain alongside hundreds of Ondo tokenized stocks & ETFs. pic.twitter.com/VihI08qPq2 — Ondo Finance (@OndoFinance) January 22, 2026 BitGo went public at a fully diluted valuation of more than $2.08 billion, pricing its IPO at $18 per share. The stock climbed as much as 35% during its first trading session, reflecting strong investor demand for crypto infrastructure companies that offer security and custody services. Tokenizing the stock on its first day of trading shortened the gap between traditional equity markets and blockchain-based access. Rather than paying dividends directly, BTGOon reinvests them into the token while closely tracking the performance of the underlying shares. Expanding Ondo’s tokenized equities platform With the addition of BitGo, Ondo Global Markets continues to expand its range of tokenized U.S. equities and…

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Filed under: News - @ January 23, 2026 4:21 am