BitGo Plans IPO Amid Crypto Market Expansion
- BitGo is considering an initial public offering (IPO) in the second half of 2025.
- The company competes with major players like Coinbase, offering digital asset custody and other services.
- Founded in 2013, BitGo serves over 1,500 institutional clients across 50 countries.
- Processes approximately 8% of global Bitcoin transactions by value.
- In 2023, BitGo raised $100 million at a valuation of $1.75 billion.
BitGo is exploring an IPO for the latter half of 2025, joining other crypto firms like Gemini and Bullish Global in planning public market debuts. The firm processes about 8% of global Bitcoin transactions by value and recently raised funds at a $1.75 billion valuation.
Source (2.6)https://cryptobriefing.com/bitgo-ipo-exploration-2025/?rand=59535
