2026-01-22 07:02:16

Leading US cryptocurrency asset custody provider BitGo successfully went public. Founded in 2013, the company listed at $18 per share, surpassing the previous expected range of $15-17. The IPO issued 11.8 million shares and successfully raised $212.8 million. After the listing, BitGo's company valuation reached approximately $2.08 billion. Notably, BitGo became the first digital asset-related company to go public in 2026, marking another significant step forward in the industry's compliance and institutionalization. As an important player in the US cryptocurrency asset custody sector, the success of BitGo's IPO could have a certain impact on the overall industry's financing and development trends.

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SellTheBounce

· 14h ago

Another IPO ceiling. Opened at 18, and this price... wait for it to fall, there’s always a lower point. History shows that institutionalization is just the beginning for bagholders. Sell on rebounds, don’t be greedy. Compliance? Ha, this word is the most dangerous in the crypto world. IPO opening high and then falling is a pattern, not an exception. Be patient, the market bottom is the right time to enter. A valuation of 2.08 billion sounds impressive, but in a bear market, it’s all just clouds. I’ve seen too many of these. Another trap. Going public is the peak, and afterward, there’s only one direction.

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GasWaster