BitGo's IPO submission highlights the growing institutional interest in compliant crypto services, with over $100 billion in assets under custody.
BitGo has confidentially submitted an IPO registration statement to the SEC, seeking to list on a major U.S. exchange. The company manages over $100 billion in crypto assets under custody, up from $60 billion earlier this year. This move reflects a trend of digital asset firms pursuing public listings amid increasing regulatory clarity and institutional demand for crypto custody services. If successful, BitGo would join Coinbase and Circle as publicly traded firms focused on compliance and security in the crypto space.