Summary
- BitGo is reportedly considering an IPO this year.
- BitGo's market value is estimated at $1.75 billion, with major investors participating.
- It was evaluated that the listing movement of cryptocurrency companies has become active since President Donald Trump took office.
BitGo, the issuer of Wrapped Bitcoin (WBTC) and the world's largest cryptocurrency custody firm, is reportedly planning to go public within this year.
On the 12th, Bloomberg reported that BitGo is considering an initial public offering (IPO) by the end of the year and is in talks with several advisory firms regarding this.
Previously, in 2023, BitGo's market value was estimated at $1.75 billion. At that time, investors such as Goldman Sachs, DRW Holdings, Redpoint Ventures, and Valor Equity Partners participated.
Bloomberg evaluated this by stating, "Since President Donald Trump took office, many cryptocurrency businesses have been pursuing public listings. Various companies, including the Winklevoss Twins' Gemini, Bullish Global, and Circle, the issuer of USDC, are reportedly pushing for IPOs within the year."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
