BitGo’s IPO Filing Reveals Fourfold Surge in Revenue, Signaling a Bullish Turn for Crypto Infrastructure
BitGo Holdings has filed for an IPO with the SEC, showcasing a dramatic revenue surge to $4.19 billion in the first half of 2025—up from $1.12 billion a year earlier. The custody specialist’s growth underscores institutional demand for crypto infrastructure despite rising operational costs.
The filing positions BitGo as a bellwether for the sector’s maturation, with its NYSE listing under an undisclosed ticker symbol. This MOVE coincides with a resurgence in U.S. crypto debuts, reflecting renewed market confidence.