Crypto custody startup BitGo saw its revenue almost quadruple in the first half of 2025, according to its filing for a U.S. initial public offering. This comes as U.S. IPOs, including those from crypto firms, are expected to be busy this fall. BitGo, founded in 2013, is one of the largest crypto custody firms in the U.S., with a valuation of $1.75 billion. The company reported a profit of $12.6 million on revenue of $4.19 billion for the six months ended June 30. BitGo plans to list on the New York Stock Exchange under the symbol “BTGO,” with Goldman Sachs and Citigroup as lead underwriters.
Read more at Yahoo Finance: Crypto custody startup BitGo reveals near fourfold revenue jump in US IPO filing
