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"Crypto-asset custody firm BitGo seeks to raise about $201 million in a U.S. IPO"

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Minseung Kang
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Summary

  • Crypto-asset custody startup BitGo was reported to be planning to pursue large-scale fundraising through a listing on U.S. stock markets.
  • According to Unfolded, BitGo is pursuing a plan to raise about $201 million through a U.S. initial public offering (IPO).
  • The news that crypto-asset custody firm BitGo is pushing ahead with a U.S. IPO was reported to suggest the potential for future capital inflows into the crypto-asset market.

Crypto-asset custody startup BitGo is reportedly planning to pursue a large fundraising round through a listing on U.S. stock markets.

On the 12th, Unfolded, a crypto-asset-focused account, said on X (formerly Twitter) that "BitGo is pursuing a plan to raise about $201 million through a U.S. initial public offering (IPO)."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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