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Crypto custody startup BitGo files for IPO

BitGo files for an IPO aiming for nearly $2 billion valuation.
Crypto custody firm BitGo announced plans to go public, eyeing a valuation near $1.96 billion by selling about the 11.8 million shares in its proposed IPO. The price band for the offering has been set between $15 and $17 per share. Major investment banks including Goldman Sachs and Citigroup are acting as underwriters for the listing on the New York Stock Exchange.