BitGo files for US IPO, marking a new milestone in crypto’s march toward traditional finance acceptance.
The digital asset custodian confidentially submitted its S-1 form to the SEC to launch an initial public offering. While exact share count and pricing remain undisclosed, the move signals BitGo’s growing confidence and ambition. The IPO also mirrors the broader trend of crypto companies seeking legitimacy and capital via traditional markets.
BitGo now holds over $100 billion in assets under custody, up from $60 billion earlier in 2025. This dramatic rise in AUC showcases the company’s rapid growth and institutional trust. With its expansion into Europe through MiCA approval, BitGo is poised for global reach, making this IPO all the more significant.
BitGo IPO signals bullish crypto momentum
Filing confidentially lets BitGo fine-tune its offering behind the scenes. This trend has become more common in crypto, especially under the current pro-crypto U.S. administration. President Trump’s stance has opened the door to greater Wall Street participation in digital assets.
BitGo’s timing aligns with the success of Circle’s IPO. That debut saw Circle shares skyrocket 619% from $31 to over $223 in under a quarter. As the company behind USDC, Circle’s success sets a strong precedent and investor appetite for digital asset firms.
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BitGo joins elite crypto IPO pipeline
BitGo files for US IPO just as major players like Grayscale and Bullish follow similar paths. The IPO wave may soon include names like Kraken, Gemini, Ledger, and DCG. These firms see IPOs not only as capital-raising tools but as brand validators in a skeptical financial world.
While retail investors look for the next big win, institutions want custody and security. BitGo provides both. Its credibility is anchored in infrastructure and compliance—two key pillars for any crypto company aiming to scale responsibly.
Global ambitions and market confidence
BitGo’s MiCA approval in the EU adds another layer of appeal. Regulatory greenlights matter in crypto, and Europe’s framework offers clear rules and growing market access. BitGo’s dual advance—on Wall Street and in Brussels—may redefine what a successful digital asset custodian looks like.
BitGo files for US IPO during a turning point for crypto. With capital markets opening and regulation maturing, it represents a maturing ecosystem, not just a speculative fad. Investors and gamers alike should keep an eye on BitGo’s public debut—it may shape crypto’s next chapter.