neutral
Recently
BitGo signals confidence with IPO filing targeting $2 billion valuation
BitGo filed for a public listing targeting a $2 billion valuation, reporting diversified revenue streams and a return to profitability.
Crypto custody firm BitGo has filed for an initial public offering targeting a valuation of nearly $2 billion, aiming to raise up to $200 million. The company reported staking revenue of $82 million, subscription revenue exceeding $60 million, and net profit of $35 million by September. The filing highlights improving financial discipline as crypto firms seek credibility in public markets.