Crypto 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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BitGo shares enjoy modest pop on first trading day as crypto IPO parade resumes
Just about four weeks into 2026, and the crypto industry has its first IPO on the board. BitGo, one of the oldest brands in crypto, listed its shares at $18, raising over $212 million. Shares rose in early trading, hitting an intra-day high of nearly $24 before settling closer to $20 closer to the end of the trading day. BitGo, headquartered in Palo Alto, provides custody and related services for big crypto investors, and its valuation at listin…
The company had the price of the shares fixed in US$ 18, above the estimated range from US$ 15 to US$ 17
BitGo is boldly going public, at a time of uncertainty for bitcoin’s outlook
BitGo is going public, after its IPO priced above the expected range to value the digital wallet and custody company at $2.1 billion. Article Attribution | Read More at Article Source The post BitGo is boldly going public, at a time of uncertainty for bitcoin’s outlook appeared first on RocketNews.
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…
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