US EditionCrypto Firm BitGo Raises $212.8 Million in US IPO
BitGo’s IPO raises $212.8 million at $18 per share with a valuation over $2 billion, enabling growth in digital asset custody and related services.
- On January 22, 2026, BitGo priced its initial public offering at $18.00 per share, with shares expected to begin trading on the New York Stock Exchange the same day and the offering closing January 23, 2026.
- After the SEC declared the registration effective on January 21, 2026, Goldman Sachs & Co. LLC and Citigroup served as lead underwriters for the offering.
- At the $18.00 offering price, BitGo and its backers would raise $212.8 million, while existing stockholders sell shares from which BitGo receives no proceeds.
- BitGo, the Palo Alto digital-asset firm, provides custody, wallets, staking, trading, financing and settlement services to thousands of institutions and will trade publicly under the ticker `BTGO`.
- Bloomberg reported the IPO was priced above its marketed range on January 21, while Reuters could not immediately verify the report, with Clear Street and Compass Point co-managing.
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The company had the price of the shares fixed in US$ 18, above the estimated range from US$ 15 to US$ 17
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BitGo Breaks Ground: First Digital Asset IPO of 2026 Surpasses Expectations
BitGo Breaks Ground: First Digital Asset IPO of 2026 Surpasses Expectations Crypto custody startup BitGo Holdings has boldly priced its initial public offering (IPO) above the indicated range, securing $212.8 million and setting the stage for the first digital asset company debut on the stock market in 2026.Located in Palo Alto, California, BitGo sold 11.8 million shares at $18 each, exceeding the marketed range of $15 to $17 per share. This IPO…
Crypto firm BitGo raises $212.8 million in US IPO
Crypto custody startup BitGo Holdings priced its U.S. initial public offering above its indicated range on Wednesday, raising $212.8 million and paving the way for the first stock market debut by a digital asset company in 2026.
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