The crypto custody startup said Monday (Jan. 12) that it was seeking a valuation of up to $1.96 billion in its U.S. initial public offering (IPO).
The company and some of its shareholders hope to raise $201 million by offering 11.8 million shares priced between $15 and $17 a piece, per a regulatory filing.
BitGo’s plans were flagged in a report by Reuters, which notes that the IPO market’s momentum was expected to continue in 2026, after a year that saw it recover in spite of challenges from tariffs, a government shutdown and a downturn in AI stocks.
Among last year’s high-profile IPOs were two digital asset companies — stablecoin…