Monday, 12 January 2026

BitGo Eyes up IPO

BitGo, based in Palo Alto and founded in 2013, is targeting a valuation of $1.96 billion for its upcoming IPO on the NYSE. 

GS and Citi are lead underwriters. 

BitGo bills itself as "The Digital Asset Infrastructure Company" with a reputed $104bn of assets on the platform. They provide a number of services, including digital wallets and prime services (the latter services promise best execution with low capital commitment).

There is investor appetite for IPOs however a crypto selloff last October has risen the bar for crypto firms.

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