BitGo Targets $1.9 Billion IPO for Crypto Custody Firm

BitGo has become the latest cryptocurrency sector company with plans to go public.

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…

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