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Crypto custodian BitGo prepares for US IPO
BitGo plans a US IPO to raise around $201 million, signalling renewed public market interest in crypto infrastructure companies.
Crypto custody firm BitGo is the preparing for a US initial public offering, targeting a valuation close to $1.96 billion. The company aims to raise about $201 million, according to filings. BitGo provides institutional custody and infrastructure services for the digital assets. The IPO comes as crypto firms seek public listings and amid improving market sentiment and regulatory clarity in major jurisdictions.