BitGo Eyes Blockbuster IPO in Late 2025 After Smashing $100B Custody Milestone

Crypto custody giant BitGo just flashed Wall Street its IPO roadmap—and the numbers don't lie.

The institutional custody specialist hit $100 billion in assets under custody this quarter, setting the stage for what could be 2025's most hotly anticipated public debut. Sources confirm the firm is targeting a late-year listing, with bankers already salivating over the prospect of a crypto-infused balance sheet hitting the NYSE.

Wall Street's reaction? Cautious optimism mixed with existential dread. 'Finally, a crypto play with actual revenue streams,' muttered one jaded investment banker between martinis. 'Now if only they could explain how cold storage works to our compliance department.'

The timing couldn't be more poetic. Just as regulators sharpen their knives for another crypto crackdown, BitGo's fortress-like custody business emerges as the anti-exchange—a regulated, audit-friendly gateway for institutional money chasing digital assets.

One question remains: Will traditional finance embrace this Trojan horse, or will the suits balk at the first sign of blockchain volatility? Place your bets—the IPO countdown starts now.