BitGo officially submitted its S-1 filing to the SEC, initiating the IPO process.

2025-09-19 21:56:15

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[BitGo officially submits S-1 filing to the U.S. SEC to initiate IPO process] The crypto assets custody company BitGo has officially submitted its S-1 filing to the U.S. SEC, initiating the IPO process. Founded in 2013, BitGo is one of the largest crypto assets custody companies in the United States. It stores and protects digital assets for its clients. BitGo plans to go public on the New York Stock Exchange with the ticker symbol “BTGO”. Goldman Sachs and Citigroup are the lead underwriters for this offering. According to the disclosure documents, for the years ended December 31, 2024, December 31, 2023, and December 31, 2022, BitGo's total revenue was $3.1 billion, $926.3 million, and $2.5 billion, with net profits of $156.6 million, $2.1 million, and $4.6 billion, respectively. For the six months ended June 30, 2025, the company's total revenue was $4.2 billion, with a net profit of $12.6 million.

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