Leading cryptocurrency asset custody provider BitGo is about to go public in the US stock market. On January 22, Bloomberg reported that the company's IPO was priced at $18 per share, exceeding the previously announced target range of $15 to $17. This pricing corresponds to a fundraising of approximately $213 million—through a combined sale of 11.8 million shares, including both new company shares and existing shareholder shares. Based on this, BitGo's current valuation has surpassed $2 billion. This Thursday, BitGo will be listed on the NYSE under the ticker symbol "BTGO," making it the first successful crypto company IPO in 2026. The listing is jointly underwritten by Goldman Sachs and Citigroup.
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MEVHunterNoLoss
· 10h ago
Wow, BitGo is finally going public. This time, they're really here to shake up traditional finance.
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ruggedSoBadLMAO
· 10h ago
BitGo is going public, finally a leading custody institution. Are institutions more assured now? A valuation of 2 billion dollars still feels a bit low.
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OnchainDetective
· 11h ago
Interesting, the $18 pricing is way outside the range... According to on-chain data, what percentage of the 11.8 million shares currently held by shareholders are being reduced? This tactic looks a bit familiar.
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GasFeeCryBaby
· 11h ago
Is BitGo going public? Finally, a major institution is willing to go public, haha.
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BanklessAtHeart
· 11h ago
BitGo has finally gone public, but does the $2 billion valuation still feel undervalued?
Leading cryptocurrency asset custody provider BitGo is about to go public in the US stock market. On January 22, Bloomberg reported that the company's IPO was priced at $18 per share, exceeding the previously announced target range of $15 to $17. This pricing corresponds to a fundraising of approximately $213 million—through a combined sale of 11.8 million shares, including both new company shares and existing shareholder shares. Based on this, BitGo's current valuation has surpassed $2 billion. This Thursday, BitGo will be listed on the NYSE under the ticker symbol "BTGO," making it the first successful crypto company IPO in 2026. The listing is jointly underwritten by Goldman Sachs and Citigroup.