BitGo and Figure Execute First Blockchain-Native Equity Trades on Figure’s Alternative Trading System
The post BitGo and Figure Execute First Blockchain-Native Equity Trades on Figure’s Alternative Trading System appeared on BitcoinEthereumNews.com.
TLDR: BitGo Bank & Trust, N.A. serves as qualified custodian within Figure’s OPEN on-chain public equity network. Figure’s OPEN network launched in February 2026, enabling equity issuance and trading on Provenance Blockchain. The BitGo–Figure integration separates custody from execution, preserving counterparty risk protections for institutions. Real-time on-chain settlement reduces reconciliation layers, lowering operational costs for broker-dealers and asset managers. Blockchain-native equity trading reached a new milestone as BitGo and Figure completed their first tokenized equity trades. The trades were executed through Figure’s Alternative Trading System, operating on the Provenance Blockchain. BitGo Bank & Trust, N.A. served as the qualified custodian within Figure’s Onchain Public Equity Network. The integration brings regulated custody and near real-time settlement to on-chain public equities, offering institutions a more efficient trading framework. BitGo’s integration with @Figure is now live to help institutions mitigate counterparty risk and achieve cost savings on blockchain-native equity. BitGo serves as the independent trust layer, allowing for near real-time settlement while keeping assets in regulated custody. The… pic.twitter.com/MauuRN5y7n — BitGo (@BitGo) February 20, 2026 OPEN Network Brings Regulated On-Chain Equity Infrastructure to Market Figure’s OPEN network launched in February 2026 as a regulated electronic trading venue. It enables companies to issue and trade equity directly on blockchain infrastructure. Issuance, trading, and settlement are embedded into a single on-chain environment. This removes multiple intermediary layers that traditionally slow down public equity markets. BitGo Bank & Trust, N.A. operates as a qualified custodian within the OPEN framework. The bank safeguards assets and provides regulated infrastructure for all participants. Its custodian role ensures compliance with existing financial regulations for institutions. Consequently, regulated participants can access blockchain-native equity within a familiar oversight structure. The completed trades demonstrate how tokenized equities can function in a continuous on-chain environment. Settlement activity occurs in real time within a regulated…
Filed under: News - @ February 21, 2026 12:12 am
BitGo and Figure Execute First Blockchain-Native Equity Trades on Figure’s Alternative Trading System
The post BitGo and Figure Execute First Blockchain-Native Equity Trades on Figure’s Alternative Trading System appeared on BitcoinEthereumNews.com.
TLDR: BitGo Bank & Trust, N.A. serves as qualified custodian within Figure’s OPEN on-chain public equity network. Figure’s OPEN network launched in February 2026, enabling equity issuance and trading on Provenance Blockchain. The BitGo–Figure integration separates custody from execution, preserving counterparty risk protections for institutions. Real-time on-chain settlement reduces reconciliation layers, lowering operational costs for broker-dealers and asset managers. Blockchain-native equity trading reached a new milestone as BitGo and Figure completed their first tokenized equity trades. The trades were executed through Figure’s Alternative Trading System, operating on the Provenance Blockchain. BitGo Bank & Trust, N.A. served as the qualified custodian within Figure’s Onchain Public Equity Network. The integration brings regulated custody and near real-time settlement to on-chain public equities, offering institutions a more efficient trading framework. BitGo’s integration with @Figure is now live to help institutions mitigate counterparty risk and achieve cost savings on blockchain-native equity. BitGo serves as the independent trust layer, allowing for near real-time settlement while keeping assets in regulated custody. The… pic.twitter.com/MauuRN5y7n — BitGo (@BitGo) February 20, 2026 OPEN Network Brings Regulated On-Chain Equity Infrastructure to Market Figure’s OPEN network launched in February 2026 as a regulated electronic trading venue. It enables companies to issue and trade equity directly on blockchain infrastructure. Issuance, trading, and settlement are embedded into a single on-chain environment. This removes multiple intermediary layers that traditionally slow down public equity markets. BitGo Bank & Trust, N.A. operates as a qualified custodian within the OPEN framework. The bank safeguards assets and provides regulated infrastructure for all participants. Its custodian role ensures compliance with existing financial regulations for institutions. Consequently, regulated participants can access blockchain-native equity within a familiar oversight structure. The completed trades demonstrate how tokenized equities can function in a continuous on-chain environment. Settlement activity occurs in real time within a regulated…
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Filed under: News - @ 12:12 am