- BitGo to list on NYSE at $18 per share.
- IPO leads U.S. crypto market entry.
- Values BitGo at $2.1 billion market cap.
BitGo Holdings, a cryptocurrency custody company, will list on the New York Stock Exchange on January 22 at $18 per share, marking the first U.S. cryptocurrency IPO in 2026.
This IPO signifies a key milestone for the crypto industry, potentially boosting investor confidence and shaping U.S. market dynamics in the rapidly evolving digital asset landscape.
BitGo’s $2.1 Billion Market Debut on NYSE
BitGo Holdings Inc. will be going public on the New York Stock Exchange on January 22. Priced at $18 per share, slightly above the initially announced range, the IPO is led by Goldman Sachs and Citigroup. BitGo’s market capitalization after the IPO is projected to be around $2.1 billion.
This IPO signifies an early entry into the public markets for crypto companies in 2026, underscoring growing investor confidence in the crypto industry. It involves 11.826 million shares, with additional offerings from shareholders, reflecting increased market interest in crypto custody solutions.
Market observers noted the significance of this event, as BitGo aims to leverage its public status for growth, while CEO Mike Belshe remains the principal shareholder. Industry responses have been measured, given the limited precedent for such listings.
First U.S. Crypto Custody Firm Public Listing in 2026
Did you know? The listing of BitGo on the NYSE marks the first public debut of a U.S. cryptocurrency custody firm in 2026, indicating a historical shift toward greater institutional endorsement of the digital asset sector.
Bitcoin (BTC) is trading at $89,959.37 with a substantial market cap of $1.79 trillion, as per CoinMarketCap. The cryptocurrency’s price has noted a recent 0.88% rise over 24 hours and a 7.01% decline in the past seven days. This comes amid high trading volumes of $51.43 billion, reflecting the market’s dynamic nature.
Coincu analysts suggest that the BitGo IPO could catalyze future blockchain technology integrations and strategic partnerships. This trend may lead to regulatory advancements and an increase in public and institutional trust in cryptocurrencies. As noted by one industry expert, “The BitGo IPO is a watershed moment, paving the way for many cryptocurrency firms to seek public listings and further mainstream acceptance.”
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