The Digital Asset Custodian BitGo has filed paperwork to pursue an initial public (IPO) offer in the United States, featuring the continued pushing of the crypto industry toward major financial markets.
On Monday, bitgo announced It is confidently submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (SEC) for a suggested IPO of Class A its common stock. At the time of filing, no determination was made to the number of shares or prices of stock offer.
As with the publication, the registration statement has not yet appeared in the SEC Edgar Database.
BitGo is one of the largest carers of the crypto industry, with possessions under the preservation of more than $ 100 billion in the first half of 2025, from $ 60 billion to the start of the year, according to Bloomberg.
The IPO originates as BitGo aims to expand its existence abroad, with the company recently obtaining regulatory approval in the European Union under the crypto-assets (MICA) framework. Number Cointelegraph reportedApproval expands BitGo’s digital assets throughout the EU.
This is a story development, and further information will be added as it is available.
