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Crypto

BitGo Files Confidential IPO Registration, Targets Second Half of 2025 Listing

Guavy AI Editorial Team
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Crypto custody giant BitGo is pursuing a public market listing after securing confidential IPO registration. This move follows successful IPOs by Circle and eToro, expanding the crypto presence in public markets.

BitGo manages over $100 billion in digital assets across its institutional platform, which was last valued at $1.75 billion following a $100 million Series C funding round in August 2023.

The company earned EU-wide MiCA license approval from Germany's BaFin in May and participated in the SEC's Crypto Custody roundtable and 'Safeguarding America's Bitcoin' panel.

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