BitGo Is Latest Crypto Firm to File for IPO Following Circle's Massive Debut
Summary
BitGo has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission, indicating plans to go public. Details on the IPO's stock amount or price range remain undisclosed. Previously valued at $1.75 billion, BitGo completed a $100 million Series C funding round in August 2023. The firm joins Gemini and Bullish in recent IPO filings among crypto companies. BitGo holds over $100 billion in assets and expanded its digital asset services in the EU after receiving a MiCA license from Germany's BaFin. The company has been active in U.S. crypto discussions, participating in key panels and roundtables.
