2026-01-13 04:22:15

Crypto custody leader BitGo, a prominent member of the Hedera Council, is making a major move into traditional finance. The firm is pursuing a US Initial Public Offering (IPO) on the NYSE, aiming to raise $210 million. This marks a significant step for the institutional-grade digital asset platform as it seeks to go public and strengthen its position in the rapidly evolving Web3 infrastructure space. The move reflects growing institutional adoption and mainstream recognition of custody solutions in the crypto ecosystem.

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MEVictim

· 17h ago

Is BitGo going public? Now the institutions are really about to enter the market. It feels like the entire cycle is about to change.

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BlockchainWorker

· 17h ago

Is BitGo going public? Now institutions can be more assured, no need to worry about asset custody. 21 billion or 210 million, I can't remember exactly, but it's big money anyway.

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DeFiCaffeinator

· 17h ago

Is BitGo going public? Now traditional finance really can't sit still. Everyone wants a piece of the custody cake.

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AltcoinHunter

· 18h ago

Is BitGo going public? This is true institutional recognition, not comparable to those self-congratulatory concept coins... With a funding scale of 21 billion USD, the cold wallet track has something substantial. --- Another infrastructure player is entering Wall Street. What does this mean? Traditional finance is really starting to back down. --- Wait a minute, the Hedera Council members are going public. Does this imply that HBAR will also take off? I'm a bit panicked now, should I cut my losses? [laugh-cry] --- Honestly, BitGo's move is much more reliable than most L1 projects, at least it has a real business model with actual funds. --- Institution-level custody solutions raised 210M, while I'm still researching some coin with 100x potential... The gap is truly heartbreaking.

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