The crypto industry is entering a new phase of legitimacy and scale, underscored by BitGo’s historic public debut on the New York Stock Exchange in 2026. The digital asset infrastructure firm became the first crypto-native company to go public on the NYSE, marking a milestone that signals the growing maturity of blockchain-based finance and its expanding role within traditional markets.
The discussion, hosted by FINTECH.TV’s Kristen Scholer, explored what this moment means for the broader ecosystem, including BitGo’s decision to bring its stock on chain via the Solana network. Nick Ducoff, head of institutional growth at the Solana Foundation, outlined why this move represents more than just a technological experiment. It reflects a structural shift in how financial assets can be accessed, traded, and owned globally.
BitGo’s IPO follows a wave of activity that has steadily pulled crypto infrastructure closer to public markets. Over the past year, firms such as Coinbase and Bullish have advanced their public market strategies, while tokenization-focused companies like Circle and Figure have gained momentum. BitGo’s successful listing reinforces the idea that blockchain is no longer a speculative corner of finance, but a sector capable of supporting multi-billion-dollar enterprises.
A key innovation tied to the IPO was Ondo Finance’s role in bringing BitGo stock on chain to the Solana platform. By launching tokenized BitGo equity on day one, investors were given immediate blockchain-based access to the asset. This approach broadens liquidity and introduces a new way for traditional equities to interact with decentralized markets, potentially reshaping how stocks trade over time.
Ducoff explained that Solana’s core mission is to make financial assets globally accessible. Unlike traditional brokerage systems, which restrict participation based on geography and infrastructure, tokenized equities on Solana can be traded by anyone with a crypto wallet. He pointed to Pakistan as a striking example, where only a few hundred thousand people hold brokerage accounts, yet roughly 40 million individuals have access to crypto wallets. Tokenization, in this context, becomes a gateway to financial inclusion.
Beyond BitGo, Ondo has announced plans to bring more than 200 tokenized stocks and ETFs to the Solana network, expanding the total number of tokenized equities on the platform to roughly 250. Partnerships with firms such as Kraken and Superstate are helping accelerate this rollout. While this figure represents only a fraction of the thousands of publicly listed securities worldwide, it hints at a future where tokenization could become the default format for financial assets.
BitGo’s IPO stands as a defining moment at the intersection of traditional finance and blockchain technology. The collaboration between BitGo, Ondo Finance, and Solana offers a glimpse into a market structure where equities, crypto, and global access converge. As tokenization gains traction and regulatory clarity continues to evolve, these developments may lay the groundwork for a more open, liquid, and interconnected financial system. Investors tracking blockchain, AI, and sustainability themes will likely see this moment as an early signal of how finance itself is being rebuilt.