Crypto custodian BitGo reports nearly 4x revenue growth in H1, plans for US IPO
According to ChainCatcher, cryptocurrency custody service provider BitGo submitted its US IPO filing today, showing revenue of $4.19 billion in the first half of 2025, nearly a fourfold increase compared to the same period last year.
The company plans to list on the New York Stock Exchange under the ticker "BTGO", with Goldman Sachs and Citigroup serving as lead underwriters. As one of the largest crypto custody companies in the US, BitGo was valued at $1.75 billion in its 2023 fundraising round.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Glassnode Co-Founder: Bitcoin ETF Still Maintains Net Inflows, Cost Basis Remains Intact
BlackRock deposits 4,198 BTC and 43,237 ETH to an exchange again
Data: A certain address accumulated 4,576 BTC in the past month, worth $377.3 millions.
