#BitGo Files Confidential #IPO Registration Following Circle's Success
#Crypto custody giant BitGo has joined Gemini and Bullish in pursuing public market listings.
The company manages over $100 billion in digital assets across its institutional platform.
It was last valued at $1.75 billion following $100 million Series C funding in August 2023.
BitGo follows successful IPOs of Circle and eToro in expanding crypto public market presence.
The firm earned EU-wide MiCA license approval from Germany's BaFin in its May expansion.
BitGo participated in the #SEC's Crypto Custody roundtable and "Safeguarding America's Bitcoin" panel.
The confidential filing details, including share count and price range, remain undisclosed.
The IPO timeline targets the second half of 2025 amid a favorable regulatory environment under the #Trump administration.
