BitGo Files for $90 Billion IPO in Strategic Crypto Market Move
Crypto custody giant BitGo has formally filed for a U.S. initial public offering, seeking to list on the New York Stock Exchange under the ticker "BTGO." The S-1 filing reveals $90.3 billion in platform assets and $4.2 billion H1 2025 revenue—quadruple its 2024 performance.
The move capitalizes on favorable regulatory tailwinds under the Trump administration, joining a wave of crypto firms going public. CEO Mike Belshe maintains ironclad control through a dual-class share structure granting 15 votes per Class B share.