BitGo Holdings Inc. is set for its Wall Street debut on Thursday, becoming the first cryptocurrency company to IPO this year.

Details Of The IPO

The cryptocurrency custodian firm will list shares on the NYSE under the ticker symbol “BTGO.”

BitGo will offer 11,026,365 shares of Class A common stock, while its existing shareholders will offer 795,230 shares of Class A common stock, at $18 per share. The company stands to raise $198.47 from the offering

On the completion of the offering, BitGo will have 115,559,776 shares outstanding, including 8,855,382 shares of Class B common stock, valuing the company at $2.08 billion.

Unpacking BitGo’s Trajectory

Founded in 2013 by former Google…

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