律动BlockBeats|Jan 14, 2026 07:24
[BitGo's Revenue Reaches Approximately $10 Billion in the First Three Quarters, Full-Year Revenue Expected to Hit $16 Billion by 2025]
BlockBeats News, January 14: Cryptocurrency custody startup BitGo plans to raise up to $201 million through an initial public offering (IPO) in the United States. The company will offer 11.8 million shares, with a price range of $15 to $17 per share.
In terms of performance, the prospectus shows that BitGo's revenue for the first nine months of 2025 was approximately $10 billion, a significant increase compared to the same period last year (approximately $1.9 billion). Net profit was approximately $35.3 million, with net profit attributable to shareholders reaching approximately $8.1 million. In the same period last year, the company's net profit attributable to shareholders was $5.1 million. As of September 30, 2025, the assets under custody on the BitGo platform amounted to approximately $104 billion, supporting over 1,550 digital assets. BitGo expects its full-year revenue for 2025 to be between $16.02 billion and $16.09 billion.
Founded in 2013, BitGo is one of the largest cryptocurrency custody companies in the United States. As institutional interest in cryptocurrency assets grows, the company's role in storing and safeguarding digital assets has become increasingly important. Goldman Sachs and Citigroup are serving as the lead underwriters for this offering. BitGo plans to list on the New York Stock Exchange under the ticker symbol 'BTGO.'
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