
BitGo’s public offering on January 22, 2026, saw its shares fall 12% from the IPO price, despite being the first major crypto listing of 2026 and following a strong 2025 IPO season.
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.