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A major milestone just hit the crypto industry. BitGo, one of the leading digital asset custodians and infrastructure providers, has become the first of its kind to go public through a traditional IPO. The company launched on the New York Stock Exchange in 2026, marking a significant moment for institutional crypto adoption.
The public debut valued BitGo at $2.59 billion, reflecting growing institutional interest in securing and managing digital assets at scale. This move signals something bigger—Wall Street's increasing openness to cryptocurrency infrastructure companies that provide real utility and custody solutions.
For the broader crypto ecosystem, BitGo's successful IPO could pave the way for other major players in the space to pursue similar paths. It demonstrates that regulated, compliant digital asset businesses are now viable investments for traditional capital markets.