BitGo Completes Historic IPO Amidst Market Changes

by Maria Fernandez

5 days ago

In a groundbreaking move for the cryptocurrency industry, BitGo has successfully completed its initial public offering (IPO), marking a significant milestone in the sector's evolution towards mainstream acceptance, as emphasized in the official statement.

BitGo Goes Public

BitGo priced its shares at USD 18, raising approximately USD 213 million in the process. This achievement positions BitGo as the first crypto company to go public in 2026, reflecting the growing interest and confidence in digital assets among traditional investors.

Underwriters and Market Impact

The IPO was jointly underwritten by financial giants

Goldman Sachs
Citigroup

, underscoring the increasing integration of cryptocurrency firms into established financial markets. With a valuation exceeding USD 2 billion, BitGo's successful listing is expected to pave the way for more crypto companies to explore public equity options, further legitimizing the industry.

On February 2, 2026, Citrea launched its mainnet, becoming the first zero-knowledge rollup on the Bitcoin network, a significant development in the crypto space. This innovative platform offers new opportunities for Bitcoin holders, contrasting with BitGo's recent IPO. For more details, see Citrea launch.

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