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Cryptocurrency custody giant BitGo exceeds expectations with pricing, raising $212.8 million to debut on the stock market in 2026
Cryptocurrency custody company BitGo (BTGO) set its initial public offering (IPO) price above the indicated range on Wednesday, successfully raising $212.8 million. This paves the way for the digital asset company’s first stock market debut in 2026.
According to the latest announcement, BitGo’s final offering price was set at $18.00 per share, surpassing the previously expected pricing range of $15 to $17.00. The IPO issued a total of 11,821,595 Class A common shares, of which BitGo issued 11,026,365 shares, and some existing shareholders transferred 795,230 shares.
Based on this offering price, BitGo’s market capitalization exceeds $2 billion.
BitGo plans to officially list on the New York Stock Exchange (NYSE) on January 22 (Thursday), with the stock ticker “BTGO.” Goldman Sachs and Citigroup serve as the lead underwriters for this issuance.
$BTGO #BitGo #NYSE #IPO