BitGo Considers IPO Amidst Crypto Industry Public Offerings
- BitGo, a major US crypto custodian, is considering an IPO in the second half of the year.
- The company is in discussions with potential advisers but has not made a final decision.
- In 2023, BitGo raised $100 million, valuing the firm at $1.75 billion.
- Investors include Goldman Sachs, DRW Holdings, Redpoint Ventures, and Valor Equity Partners.
- BitGo’s CEO Mike Belshe hosted a fundraiser for Donald Trump’s campaign in July.
BitGo is exploring an initial public offering with potential advisers and has secured significant investment, valuing the company at $1.75 billion as of 2023.
Source (2.6)https://dailyhodl.com/2025/02/13/crypto-custodian-bitgo-looking-to-go-public-in-the-us-this-year-report/?rand=59076
