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Did you see the news that BitGo set its IPO price at $18? It's interesting that a cryptocurrency custody service provider is going public.
These days, cryptocurrency exchanges are highly volatile, but this company seems to be focusing on asset custody services to build a more stable business model. I don't know how the $18 price point was determined, but perhaps the market is recognizing the growth potential of custody services.
As digital asset management services continue to grow, I'm curious how much interest investors will show at the $18 price level. It feels like a signal that the cryptocurrency industry is expanding into infrastructure.