BitGo’s $2B NYSE Debut Marks 2026’s First Major Crypto IPO

BitGo Holdings went public on the NYSE on January 22, 2026, with an IPO priced at $18 per share, raising $213 million and achieving a $2.08 billion valuation. However, its shares fell 12% the following day, trading at $16.53 by midday. This IPO is the first major crypto listing of 2026, following a busy 2025 that included Circle, Bullish, and Gemini. Analysts cite a difficult crypto market backdrop, with Bitcoin’s price decline impacting related stocks.

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