BitGo's revenue for the first three quarters is approximately $10 billion, with projected full-year revenue of $16 billion in 2025

BlockBeats News, January 14th, Cryptocurrency custody startup BitGo plans to raise up to $201 million through a U.S. initial public offering. It will offer 11.8 million shares of stock priced between $15 and $17 per share.

Looking at its performance, the prospectus shows that BitGo generated revenue of about $1 billion in the first nine months of 2025, a significant increase from the same period last year (about $190 million). The net profit is about $35.3 million, with a net profit attributable to shareholders of about $8.1 million. In the same period last year, the company's net profit attributable to shareholders was $5.1 million. As of September 30, 2025, BitGo's platform has custodied assets of about $104 billion, supporting over 1,550 types of digital assets. BitGo expects full-year revenue in 2025 to be between $16.02 billion and $16.09 billion.

Founded in 2013, BitGo is one of the largest cryptocurrency custody companies in the United States. As institutional interest in cryptocurrency assets grows, the company's role in storing and protecting digital assets for customers becomes increasingly important. Goldman Sachs and Citigroup are the lead underwriters for this offering. BitGo plans to list on the New York Stock Exchange under the ticker symbol "BTGO".