2026-01-12 18:33:42

BitGo Launches US Listing Plan, Pricing Range $15–$17

Digital asset custody platform BitGo has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission, planning to list on the New York Stock Exchange (NYSE). According to the latest disclosures, the company plans to issue 11.8 million shares, aiming to raise $210 million.

The IPO is underwritten by Goldman Sachs and Citigroup. As a leading provider of institutional-grade crypto custody solutions, this move marks an increasing number of Web3 infrastructure companies seeking financing channels through traditional capital markets.

This listing plan reflects the trend of the cryptocurrency industry gradually becoming more regulated and institutionalized. BitGo's entry also opens new financing avenues for other crypto companies.

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BoredRiceBall

· 01-12 19:01

$15-17? This valuation isn't as crazy as I imagined. Goldman Sachs and Citigroup have both entered the scene, traditional finance is starting to take crypto seriously. If BitGo's IPO succeeds, how many projects will be eager to follow? It feels like the crypto space is really starting to get serious... After the IPO, there's also a good chance of a direct dump, haha. Raising $210 million, how long can they keep burning?

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SerumSqueezer

· 01-12 19:00

Hmm... $15 to $17, BitGo's valuation seems a bit conservative. It looks like Wall Street is finally taking our business seriously, no longer just a small pond for casual profit. Goldman Sachs is involved, and now, custody is truly the real gold mine.

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RektRecorder

· 01-12 18:59

Goldman Sachs and Citigroup are both in; this time it's serious BitGo going public? Let's wait and see if it breaks below the offering price This pricing... could it be another trap Institutionalization is just the money-making machine starting up Honestly, it's still just about raising funds Standardization? Probably afraid of being overly regulated $210 million, really daring to ask for it Traditional capital is eyeing Web3 If it can go public smoothly, that would be a miracle

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FreeRider

· 01-12 18:58

Goldman Sachs and Citibank are personally getting involved, this time it's really different BitGo going public is really happening, but the valuation is a bit conservative Finally, leading infrastructure companies are daring to do this, others watch out The compliance arsenal is building up, who will be the next? This wave is truly iconic, the institutionalization is accelerating It should have been done this way long ago, taking one step at a time is much more comfortable 210 million in financing is not small, optimistic about future performance

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