BitGo has officially rung the bell for its listing on the NYSE

BlockBeats News, January 22nd, cryptocurrency custody service provider BitGo (BTGO.US) has officially landed on the NYSE through a ringing-the-bell listing, marking the first crypto IPO of the year. The IPO was priced at $18 per share, higher than the $15 to $17 recommended range, raising a total of $2.13 billion. Post IPO, its CEO Mike Belshe will maintain control of the company with 56% of the voting rights, Valor Equity Partners will hold 4.6% of the voting rights, and Redpoint Ventures will hold 3.9%.

The prospectus shows that in the first nine months of 2025, BitGo's revenue was about $10 billion, a significant increase from the same period last year (about $1.9 billion). The net profit was 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 the parent was $5.1 million. As of September 30, 2025, BitGo's platform had custody 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.

As of now, due to delayed real-time data updates, no trading data has been disclosed.