BitGo sets IPO price at $18 as shares to begin trading on NYSE

Leading digital asset security and institutional custody firm, BitGo, officially announced the pricing for its initial public offering (IPO) on Wednesday. The company has set its IPO price at $18 per share. This highly anticipated debut marks a significant step for institutional-grade cryptocurrency infrastructure in traditional finance markets. BitGo shares are scheduled to begin trading on the New York Stock Exchange (NYSE) under the ticker symbol “BG”. The pricing suggests a strong institutional interest in regulated crypto services, particularly given BitGo’s reputation as a key provider of secure, multi-signature wallets and custody solutions relied upon by major financial institutions and exchanges globally. The IPO is expected to raise substantial capital, which the company intends to use for scaling its international operations, expanding its regulatory compliance framework, and further developing its proprietary hot and cold storage technology. Industry analysts view the successful pricing and launch of BitGo as a bullish signal for the integration of digital assets into established capital markets.

Source: BitGo sets IPO price at $18 as shares to begin trading on NYSE