Liquid Mercury is putting BitGo’s CaaS under its institutional stack, with qualified custody and settlement across Mercury Pro, Mercury OTC, and Mercury RWA. Traders, OTC desks, liquidity providers, and tokenized asset venues will settle into BitGo’s OCC-regulated custody infrastructure, including multi-signature cold storage and up to $250M in insurance. Scope is the point: Liquid Mercury is tying execution, OTC flow, and RWA marketplace plumbing to one regulated custody backend instead of stitching it on product by product.

TLDR by @Benthic