š„ JUST IN: BITGO SETS ITS SIGHTS ON A U.S. IPO
BitGo is targeting a U.S. initial public offering, seeking to raise up to $210 million in a planned NYSE listing.
This isnāt a retail-facing hype story ā itās infrastructure going public. BitGo sits deep in cryptoās backend, providing custody, settlement, and security services for institutions that actually move size. An IPO here is a signal that core crypto plumbing is confident enough in regulatory clarity and revenue stability to step into public markets.
Timing matters. Going public in the U.S. means BitGo believes the compliance environment is survivable and that investor appetite for crypto exposure has shifted from speculation to services. Wall Street doesnāt reward narratives ā it rewards predictable cash flows.
The bigger takeaway is structural. Crypto companies arenāt just listing tokens anymore ā theyāre listing businesses.
Thatās how an industry stops being experimental and starts being permanent.
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