BitGo Eyes IPO in 2025 Amid Crypto Market Revival
CryptoCurrency Custodian Bitgo is exploring its initial public offering (IPO) in the second half of 2025 (H2).
The move comes from the second Donald Trump administration’s confidence in crypto regulations, which has voiced support for the digital asset sector.
Encrypted unicorn Bitgo Mulls is open
Bloomberg Report Although no final decision was made, discussions were conducted with potential consultants. Bitgo has not officially confirmed its IPO plan. However, the review shows that the company is positioning for the public’s debut due to increased institutional interest in the crypto industry.
Founded in 2013, Bitgo has grown to be the leader Crypto Host With over 1,500 institutional clients in more than 50 countries. The company offers a variety of services including cryptocurrencies, tradingborrow, then loan.
It processes about 8% of the world Bitcoin Tradingfurther consolidated its position as a major participant in the industry. Recently, Bitgo has revealed important milestones for cryptocurrency custodians.
“BitGo now secures over $100 billion in detention assets, becoming the highest asset for the world’s leading independent custodian.” read.
Meanwhile, Bitgo’s desire for IPO is aligned with a broader trend for cryptocurrency companies preparing to openly unveiled. They seem to be taking advantage of what industry insiders say Favorable regulatory environment that emerges under the Trump administration.
Winklevoss Twins’ cryptocurrency exchange Gemini is exploring IPO Bullish Global, a platform powered by billionaire Peter Thiel.
Kraken and Stablecoin Issuer Circle IPO opportunities are still being evaluated. Ark Investment Said recently That “window” Crypto companies Open under the leadership of the Trump administration.
“The possibilities include…reopening the IPO window for circular digital asset companies such as Circle and Kraken……” read A paragraph in the ARK Invest newsletter.
Meanwhile, European crypto platform Bitpanda It can also weigh its IPO or sales options valued at $4 billion. This momentum in crypto IPOs reflects mainstream acceptance in the industry Regulatory uncertainty.
Elsewhere, Bitgo CEO Mike Belshe has been a vocal supporter Donald Trump’s policies About digital assets. In July 2024, Belshe held a fundraiser for Trump’s presidential campaign, which included JD Vance, a Republican candidate’s running mate. They highlighted the close ties between Bitgo’s leadership and the U.S. president.
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