BitGo Files for US IPO as Crypto Custody Business Expands
BitGo, a leading digital asset custodian, has taken a significant step toward an initial public offering (IPO) in the United States. The company confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC), marking a pivotal moment in the crypto industry’s integration into mainstream finance.
Key Facts About BitGo’s IPO
- BitGo reported over $100 billion in assets under custody in the first half of 2025.
- The company secured regulatory approval in the European Union under the Markets in Crypto-Assets (MiCA) framework.
- Details on the number of shares and price range for the IPO remain undisclosed.
Implications for the Crypto Industry
BitGo’s IPO filing reflects the maturation of the crypto custody sector and growing institutional confidence in digital assets. This development may encourage other crypto firms to consider public listings.
BitGo’s Global Growth Strategy
With its recent EU regulatory approval, BitGo is poised to expand its digital asset services across member states, capitalizing on increasing international demand for secure crypto custody solutions.