Share this article
BTC
$78,199.58
-
1.69%ETH
$1,548.22
-
4.65%USDT
$0.9995
-
0.01%XRP
$1.9041
-
4.64%BNB
$554.65
-
0.65%USDC
$0.9999
-
0.01%SOL
$106.25
-
1.65%DOGE
$0.1473
-
3.48%TRX
$0.2278
-
2.51%ADA
$0.5798
-
1.83%LEO
$8.9265
+
0.52%TON
$3.0280
-
0.73%LINK
$11.37
-
1.85%XLM
$0.2322
-
3.41%AVAX
$16.71
+
1.77%SHIB
$0.0₄1131
-
1.20%SUI
$2.0187
+
3.52%HBAR
$0.1486
+
3.16%OM
$6.2868
+
5.15%BCH
$277.77
+
0.72%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
BitGo Mulling IPO This Year: Bloomberg
The crypto custody firm raised $100 million at a $1.75 billion valuation in 2023.
What to know:
Alongside a number of other digital asset-related firms, institutional crypto custody company BitGo is considering an initial public offering as soon as this year, according to Bloomberg.
Among the backers of the Mike Belshe-led BitGo are Goldman Sachs, DRW Holdings, Redpoint Ventures and Valor Equity Partners. The company's most recent funding round in 2023 valued it at $1.75 billion.
Other crypto firms mulling an IPO in the wake of bitcoin's move to $100,000 and a friendlier U.S. regulatory environment include exchanges Gemini, Kraken and Bullish (the parent of CoinDesk), and stablecoin issuer Circle.
Stephen Alpher
Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
