BitGo Shares Surge on NYSE Debut as Ondo Finance Facilitates Onchain Access

BitGo's NYSE Debut

BitGo, a leading digital asset custody firm catering to institutional clients, successfully launched its IPO on the New York Stock Exchange this Thursday. Initially priced at $18, the stock opened at approximately $22.4, briefly peaking at $24.1 before closing near $20.1. This marked a 13% increase from the IPO price on its inaugural trading day.

Ondo Finance's Onchain Initiative

Within hours of BitGo's market introduction, Ondo Finance introduced tokenized BitGo shares via Ondo Global Markets, enabling onchain access to the newly listed equity. The tokenized stock is now available on Solana, Ethereum, and BNB Chain, representing a pioneering instance of a newly public U.S. company being accessible globally onchain in near real-time.

This initiative follows Ondo Global Markets' recent expansion to Solana, making BitGo the 205th stock accessible onchain. Since its inception in September 2025, Ondo Global Markets has emerged as the largest tokenized securities platform, boasting approximately $466 million in total value locked and over $6.4 billion in cumulative trading volume.