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Crypto custody giant BitGo has officially filed for a U.S. IPO, seeking to list Class A common stock on the New York Stock Exchange under the ticker BTGO. The Palo Alto-based firm, which manages over $90.3 billion in assets across 100 countries, supports 1,400+ digital assets and serves governments, institutions, and high-net-worth clients. Backed by $250 million in insurance and SOC 1 and SOC 2 audits, BitGo positions itself as a leader in digital asset security.
CEO and co-founder Michael Belshe will retain control through a dual-class share structure, qualifying BitGo as a “controlled company” under NYSE rules. The IPO filing follows the firm’s expanded license from Germany’s BaFin, allowing BitGo Europe to provide custody, trading, staking, and transfers under the EU’s MiCA framework.
Momentum in public markets continues as crypto firms like Circle, Bullish, and Figure see strong listings. Meanwhile, US Bancorp has revived its digital asset custody services after a regulatory rollback under the Trump administration, signaling renewed confidence in institutional crypto adoption.
