BitGo, a prominent U.S.-based crypto custody provider, has confidentially submitted paperwork for an initial public offering (IPO) in the United States.
So far, so good – but is this really a bullish move for BitGo? Or does it indicate a new and more questionable phase for public crypto companies?
As BitGo makes its move, a new wave of altcoins is ready to follow suit.
As BitGo Prepares for IPO, Crypto Market Booms
Bitcoin’s at $118K, and the total crypto market cap is around $3.9T – crypto is surging rapidly. The momentum is driven by increasing clarity in regulation – including recent stablecoin legislation – and rising institutional inflows along with corporate treasury adoption.
That makes BitGo’s timing interesting. Since its founding in Palo Alto in 2013, BitGo has become a major player in digital asset custody. It reached over $100B in assets under custody in the first half of 2025 – a sharp increase from $60B at the start of the year.
Additionally, BitGo holds key regulatory certifications: it secured NY trust charter status in 2021 and earned Markets in Crypto-Assets (MiCA) approval for EU operations.
Everything seems to line up – business is booming, regulations are becoming clearer, and now’s the perfect time for an IPO. Or is it?
IPOs Not the Preferred Path for Market-Defining Corporations
IPOs are all well and good, often raising millions for successful companies. But the fact remains that many truly successful companies never go public, shunning IPOs altogether.
Take just two of today’s industry leaders:
Both are leading their industries with exceptional products that provide great value. Both are also private companies, just like Stripe and ByteDance, which are other major industry leaders.
Meanwhile, Circle (which launched its IPO earlier this year) and Klarna (with an upcoming IPO) are major players in their own industries without being truly distinct.
The current venture capital framework rewards private companies while making it more challenging for IPOs to succeed. Will BitGo be the one to buck the trend?
In a Crowded IPO Market, Will BitGo Stand Out?
The confidential S‑1 filing enables BitGo to work privately with the SEC as it refines its offering; share count and pricing remain undisclosed. Going public is expected to raise significant capital for international expansion, strengthen technology and security offerings, and enhance credibility with institutions.
As Wall Street prepares to recognize crypto as infrastructure, custody services become key. BitGo hopes a public debut will spark demand from banks and asset managers that previously hesitated to enter digital asset storage without institutional-grade custody solutions.
BitGo joins a cohort of crypto-native firms – including Kraken and Gemini – pursuing IPOs amidst renewed market optimism.
An emphasis on crypto infrastructure, from BitGo and others, strengthens the case for new and emerging cryptos. These altcoins are on the verge of significant gains as the bull run continues.
Bitcoin Hyper ($HYPER) – Improve on the World’s Leading Crypto with Next-Gen Layer 2
Bitcoin Hyper ($HYPER) reimagines Bitcoin’s potential as the first genuine Bitcoin Layer 2 network. Built on a Solana-compatible VM (SVM), it offers near-instant, low-cost $BTC transactions with robust Bitcoin-level security through a trustless bridge (Bitcoin Canonical Bridge) and periodic state proofs to Bitcoin Layer 1.
$HYPER, the native utility and governance token of Bitcoin Hyper, serves three key functions:
Transaction fees: Powering L2 transfers and economic activity
Staking & passive yield: Incentivizing network security (218% APY)
Governance: Token holder voting on upgrades and ecosystem direction
Since launching its devnet quietly, Bitcoin Hyper is emerging as one of the top presales of 2025. The token currently costs $0.012375, with over $4.4M raised – a testament to the buzz surrounding Bitcoin Hyper.
With Bitcoin’s ubiquity and Solana’s programmability, Bitcoin Hyper is poised to catalyze BTC’s transformation into a fast, versatile, on‑chain asset – beginning with the current presale.
Learn more about the $HYPER presale today!
Best Wallet Token ($BEST) – Cheaper Swaps, Early Presale Access with $BEST Token
Best Wallet Token ($BEST) launches a next-generation, mobile-first, non-custodial crypto wallet supported by the $BEST token. This isn’t just a wallet; it’s a decentralized hub for the crypto ecosystem. Best Wallet gives users seamless multi-chain support and enhanced security features like MPC and cloud backup, all without seed phrases.
At its core, $BEST grants holders:
Fee reductions across on‑app swaps and direct purchases
Elite presale access to new token launches via the ‘Upcoming Tokens’ portal
Enhanced staking rewards and governance rights
The upcoming Best Card further elevates usability, integrating real-world crypto spending with a leading Web3 wallet.
The ongoing presale has raised $14.1M so far, with tokens priced at $0.025375.
Visit the Best Wallet Token presale page to learn more.
Little Pepe ($LILPEPE) – Newborn EVM Layer 2 (Meme Coin Style)
From the well-known family of green frog memes, here’s Little Pepe ($LILPEPE). And why not? $PEPE is up 43% this month – so the timing seems right for another member of the Pepecoin family.
$LILPEPE offers speed, security, and ultra-low fees on an EVM-compatible Layer 2 protocol. It’s primarily a meme coin, so don’t expect many extra features; Little Pepe focuses on memes and a better way to create them.
Despite the simplicity, the baby frog has a lot of buzz, with a presale already raising $11.6M.
BitGo’s IPO – Long-Awaited IPO Win, or Second-Best Choice?
At its best, BitGo’s confidential IPO filing is more than just a milestone for the company – it’s a sign of increasing legitimacy for institutional crypto. BitGo’s IPO could raise its market influence, open doors for more growth, and send the stock soaring.
And if it does, these altcoins could stand on the brink of success.
This content is for informational purposes only and does not constitute financial advice. Always conduct your own research (DYOR) and consult with a qualified advisor before making any investment decisions.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Source: https://bravenewcoin.com/sponsored/presale/best-altcoins-to-watch-as-bitgo-prepares-ipo