Crypto custody giant BitGo files for IPO in the US: aiming to raise up to $201 million

OnChainDetective · 2026-01-12T13:04:10+00:00

BitGo files for US IPO, planning to issue 11.8 million shares, with a price range of $15-17, and a maximum fundraising of $201 million. The stock will be listed under the ticker BTGO. This marks the maturity of crypto custody services and a shift in Wall Street's attitude, indicating that the industry is being reevaluated.

OnChainDetective

2026-01-12 13:04:10

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【ChainNews】Another big move. BitGo announces the submission of its US IPO application. This crypto custody giant, founded in 2013, is finally going public.

Key figures: planning to issue 11.8 million shares, with a price range of $15 to $17 per share, raising up to $201 million. Ticker symbol BTGO, targeting the NYSE. This institution’s position in the US custody market speaks for itself. Choosing to go public now indicates that the maturity of the crypto industry is being reevaluated by traditional finance circles.

Goldman Sachs and Citigroup are participating as underwriters, which in itself indicates a shift—Wall Street’s attitude towards this sector is changing. BitGo’s move is not just about fundraising; it signals that crypto custody services are officially entering the mainstream capital markets’ view.

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ThatsNotARugPull

· 01-15 06:12

Wall Street is really starting to get serious, even GS and Citibank are involved.

This IPO by BitGo feels like a formal validation for the entire crypto industry; it was about time.

Two hundred million in funding may not sound like much, but the symbolic significance is huge... The attitude of mainstream institutions is really changing.

Those who are still questioning crypto might need to reconsider now.

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StablecoinAnxiety

· 01-12 13:33

Damn, is BitGo really going public on the NYSE? Wall Street is taking it seriously now.

Goldman Sachs and Citibank are both involved, indicating major institutions are betting on this wave, and custody is stable.

The $15-17 pricing suggests a conservative valuation, with no aggressive expectations.

Finally, this day has arrived. It feels like crypto is truly breaking out of its circle.

Once it goes public, we should keep an eye on its performance; it could be a good sign.

BitGo has been around for so many years, and going public now is a bit late, but it’s still a milestone.

Wall Street is starting to take us seriously, and that’s more meaningful than any news.

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0xSherlock

· 01-12 13:26

Oh wow, BitGo finally can't hold back anymore and is going to the NYSE? Goldman Sachs and Citibank are also here. This move really is giving crypto a proper name recognition.

Wall Street is really starting to lose patience with our industry, huh?

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WagmiWarrior

· 01-12 13:24

Finally, the moment has arrived. BitGo going public truly means we have won.

Goldman and Citigroup have entered the market; Wall Street has fully recognized this.

2.01 billion in fundraising may not seem like much, but this signal is valuable.

Oh my, ten years of sharpening the sword; the custody track has finally been recognized.

Waiting to see if the stock price breaks or holds after the IPO; it feels very stable.

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