Cryptocurrency custodian company BitGo officially filed an S-1 with the US SEC to start the IPO process. Founded in 2013, BitGo is one of the largest cryptocurrency custodian companies in the US. It stores and protects digital assets for its clients.
BitGo intends to list on the New York Stock Exchange under the ticker symbol "BTGO". Goldman Sachs and Citigroup are the lead underwriters of the offering.
According to the disclosure document, BitGo's total revenue for the years ended December 31, 2024, December 31, 2023 and December 31, 2022 was $3.10 billion, $926.30 million and $2.50 billion, respectively, and net profit was $156.60 million, $2.10 million and $4.60 billion, respectively. For the six months ended June 30, 2025, the company's total revenue was $4.20 billion and net profit was $12.60 million.
BitGo officially submits S-1 documents to the US SEC, initiating the IPO process
2025-09-19 21:57:52
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