BitGo officially went public on the NYSE on January 22, becoming the first crypto company to complete an IPO in 2026. Its stock price surged about 35% on the first trading day but fell below the offering price the next day. Some believe its revenue quality is poor and relies on 'financial tricks' for accounting. However, BitGo's IPO has kicked off the wave of crypto institution IPOs in 2026. Giants like Kraken and ConsenSys are planning to follow suit, and Wall Street's crypto bell is destined to keep ringing throughout the year.