• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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BitGo files for US IPO

BitGo files for US IPO amid rising crypto confidence and growing asset custody strength

Tariq Al-Mansouri

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.

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Why is BitGo filing for an IPO important?

BitGo’s IPO represents a major move toward traditional financial legitimacy for crypto custodians. With over $100 billion in assets under custody and a growing international presence, BitGo’s decision to go public shows that crypto infrastructure companies are no longer niche players. By filing for an IPO in the U.S., BitGo is entering Wall Street with ambitions to attract institutional investors and secure long-term growth. The IPO also indicates rising investor confidence in the crypto space, especially following successful listings like Circle.

How does BitGo compare to other crypto IPOs like Circle?

While Circle is the issuer of the popular USDC stablecoin, BitGo operates as a backend custodian for digital assets, making it a critical player in crypto infrastructure. Both companies serve different but essential roles. Circle’s IPO success—with a 619% stock price jump—sets a strong precedent. If BitGo achieves even part of that growth, it could further validate the role of crypto custodians in mainstream finance. BitGo’s IPO could be just as impactful, especially with its $100B+ in assets under custody.

What is MiCA, and why does it matter for BitGo?

MiCA, or Markets in Crypto-Assets, is the European Union’s framework for regulating crypto companies. It aims to create a unified set of rules across EU member states. BitGo securing MiCA approval allows it to operate legally and at scale across Europe. This gives BitGo an edge over competitors who lack this regulatory clearance. The timing of BitGo’s IPO filing, alongside its EU expansion, shows strategic positioning to capture both U.S. and international markets.

What does this mean for the future of crypto IPOs?

BitGo’s IPO is part of a broader wave of crypto firms turning to public markets for capital and credibility. As regulatory environments mature and investor interest grows, more companies—like Grayscale, Bullish, and Kraken—are exploring IPOs. These moves help normalize crypto in traditional finance circles and offer investors direct exposure to crypto infrastructure firms. It also indicates a maturing market, where IPOs are no longer limited to tech or traditional finance but now include blockchain-focused enterprise

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