BitGo Holdings, a cryptocurrency custody company, announced its initial public offering (IPO) with 11 million shares of Class A common stock issued, aiming to raise up to $201 million. The company has over $90 billion in assets under custody and targets a valuation of $1.96 billion. Major US investment banks are underwriting the IPO.

BitGo’s IPO launch follows its initial Form S-1 filing in September 2025. The company has engaged major US investment banks for the IPO, including Goldman Sachs and Citigroup. The IPO aims to raise about $201 million with a valuation of up to $1.96 billion. Additional book-running managers and co-managers have also been appointed for the offering.

BitGo has filed a registration statement with the SEC for the Class A common stock offering. The statement has not yet become effective, and shares may not be sold until it does. The company emphasizes transparency and encourages readers to verify information independently. Cointelegraph maintains its commitment to independent journalism and accuracy.

Read more at Cointelegraph: BitGo Launches IPO Targeting $1.96B Valuation