Crypto Custody Firm BitGo Files for IPO as Industry Stays Active
BitGo Holdings Inc. has filed for an initial public offering in the US, adding to an active market for digital assets.
The crypto custody firm had net income of $12.6 million on revenue of $4.19 billion for the first six months of the year, compared with net income of $30.9 million on revenue of $1.12 billion a year earlier, according to its filing Friday with the US Securities and Exchange Commission.