Crypto Firm BitGo Jumps 25% in Debut After $212.8 Million IPO

IPO

Markets

Cryptocurrency

22nd January 2026

BitGo Holdings Inc. shares opened 25% above their IPO price, after the crypto firm and some of its backers raised $212.8 million in a US initial public offering.

Shares of the Palo Alto, California-headquartered crypto custody firm opened at $22.43 each on Thursday, versus an IPO price of $18 apiece. The listing priced above the marketed range, and was about 13 times oversubscribed .

Author

Monique Mulima

Source

bloomberg.com

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