Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
BitGo, stock price surged after IPO then plummeted... reflecting volatility in the cryptocurrency market
Source: DigitalToday Original Title: BitGo’s stock soars after IPO then plunges… reflecting cryptocurrency market volatility Original Link:
Digital asset custody provider BitGo(BTG) experienced a sharp rise followed by a plunge in its stock price on its first day listed on the New York Stock Exchange.
According to Cointelegraph( on the 23rd) local time, BitGo opened 25% higher than the IPO price of $18, but later profit-taking selling caused the stock to fall by 13.4%.
It is reported that BitGo’s listing, amid the uncertainty in the cryptocurrency market, is prompting investors to adopt a cautious approach.
Based on the IPO price, BitGo’s corporate valuation was estimated at $2 billion. BitGo provides digital asset custody and infrastructure services and currently manages assets worth over $90 billion.
According to the Financial Times, hardware wallet company Ledger(Ledger) is pursuing a U.S. IPO valued at over $4 billion, and digital asset exchanges are also considering listing after raising funds of around $2 billion.