Crypto custody firm BitGo has filed for a US IPO under the ticker symbol “BTGO” with $90.3 billion in assets, 4,600 clients, and 1.1 million users. It supports 1,400 digital assets, offers $250 million in insurance, and has completed SOC 1 and SOC 2 audits.
BitGo CEO Michael Belshe will retain control with dual-class shares, while the firm has secured an extended license from Germany’s BaFin. Other crypto firms like Circle, Bullish, and Figure have seen successful market debuts recently.
US Bancorp has reentered crypto custody for institutional investors after a regulatory rollback by the Trump administration. Deutsche Bank and Citigroup are also moving into crypto custody, with Deutsche Bank planning to allow clients to store cryptocurrencies in 2026.
Read more at Cointelegraph: BitGo Files for US IPO With $90 Billion in Custody
