BitGo Completes $213 Million IPO Financing, Total Market Cap Reaches $2.08 Billion

Odaily News BitGo announced the completion of a $213 million IPO financing, with shares priced at $18 each, exceeding the previously guided range of $15 to $17. A total of 118,000 shares were sold in this offering. The company's primary business is providing infrastructure services such as digital asset custody, trading, and settlement.

BitGo completed its listing on Nasdaq on January 22, 2026, becoming the first digital asset company to go public that year. BitGo achieved profitability in 2024 and the first three quarters of 2025, with revenue streams including digital asset trading, blockchain staking rewards, and service fees. Influenced by this, projects like Grayscale and Kraken, which plan to go public within the year, are closely monitoring its market performance. Meanwhile, construction equipment rental company EquipmentShare also plans to list on Nasdaq this Friday, aiming to raise $747 million.