BitGo Holdings (BTG) saw volatile trading after its NYSE debut, with shares falling 13.4% below the $18 IPO price. The initial surge reflected strong demand, valuing BitGo at $2 billion. The crypto IPO market remains active, with Ledger considering a $4 billion US public listing and Kraken raising $800 million at a $20 billion valuation. IPO performance in 2025 has lagged behind the S&P 500. Investors are seeking stronger fundamentals in companies entering the market.

Read more at Cointelegraph: BitGo Stock Slides After IPO as Crypto Listing Volatility Returns