Cryptocurrency custodian BitGo priced its initial public offering at $18 per share and began trading on the New York Stock Exchange on January 22, 2026. The offering raised approximately $212.8 million and values the South Dakota–based company at more than $2.1 billion. BitGo sold a total of 11.8 million shares of Class A common stock, the majority of which were newly issued shares, with a smaller portion sold by existing shareholders. The company will not receive proceeds from shares sold by those stockholders.
Founded in 2013, BitGo provides digital asset infrastructure services including custody, wallets, staking, trading, financing, stablecoins, and settlement. Goldman Sachs and Citigroup served as lead book-running managers, alongside a broad syndicate of global and regional investment banks. The listing marks the first major crypto-related IPO of 2026, signaling renewed momentum in public markets for digital asset firms. Other industry players, including crypto exchange Kraken and asset manager Grayscale, are widely expected to pursue listings later in the year.
