The post Crypto Firm BitGo Targets Nearly $2 Billion Valuation in US IPO Filing appeared on BitcoinEthereumNews.com.

In brief BitGo filed for its IPO with the SEC on Monday, with an expected offering date of January 21. The firm is offering around 11.8 million shares at $15-17, which could raise up to $200 million at up to a nearly $2 billion valuation. BitGo’s platform is home to more than $104 billion in digital assets. Crypto wallet and custody provider BitGo filed for its U.S. initial public offering on Monday, seeking to raise as much as $200 million in an offering that could value the firm as high as nearly $2 billion.  The Palo Alto, California-based firm intends to offer around 11.8 million shares of Class A common stock at $15-17 per share, according to the filing. Shares will trade under the BTGO ticker via the New York Stock Exchange. “Since our founding, BitGo has been nothing if not transparent. All of our roles—as a software provider, regulated custodian, and financial services provider—require us to be completely open about how our technology and processes work along with audits, attestations, and more,” wrote BitGo co-founder and CEO Mike Belshe, in a letter attached with the filing.  “As such, the transition of BitGo into the public markets is simply the next evolution of this transparency,” he added. BitGo first tipped its hand about a prospective IPO in July, confidentially filing with the SEC following the smash public market debut by USDC stablecoin issuer Circle.  The firm, which offers stablecoin infrastructure services, token management, trading, staking, and custody solutions, now manages more than $104 billion worth of assets, according to its website.  The bulk of its revenues comes from digital asset sales, staking, and subscriptions revenue, according to the filing. In 2025, it estimates on the low end that it will do around $15.4 billion in digital asset sales revenue,…

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Filed under: News - @ January 12, 2026 11:22 pm