BitGo, a leading cryptocurrency custody firm, has confidentially filed a draft Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to pursue a public offering of its Class A common stock. Specific details on shares and pricing remain undecided as the IPO awaits regulatory review and market conditions.
As of mid-2025, BitGo secures over $100 billion in crypto assets, nearly doubling its holdings since early 2025. This growth underscores its expanding role in institutional crypto custody.
Internationally, it recently earned regulatory approval under the European Union’s MiCA framework, allowing it to provide crypto custody services across Europe. In the U.S., the company is exploring licensing to become a crypto bank, further broadening its institutional offerings.
BitGo joins other crypto firms like Bullish and Grayscale preparing for stock market debuts, contributing to the growing number of publicly traded blockchain companies—currently 46, mostly on Nasdaq.
While the IPO date is yet to be announced, BitGo’s move signals increasing institutional maturity and market confidence in crypto infrastructure providers as they seek public market capital.
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