Cryptocurrency custody firm Bitgo Holdings Inc. has confidentially submitted a draft registration statement for a proposed initial public offering (IPO) of its Class A common stock to the Securities and Exchange Commission (SEC).
Bitgo Files Confidentially for IPO, Joins Crypto Rivals in Public Market Push
WRITTEN BY
SHARE
This move places Bitgo among a growing list of major digital asset service providers, including Circle Internet Financial Ltd., which completed its IPO, alongside Grayscale Investments and Gemini Trust Co. LLC, which have also recently filed to go public. The number of shares Bitgo plans to offer and their price range remain undetermined. The offering is anticipated to proceed after the SEC completes its review process, contingent upon market conditions. Bitgo emphasized this press release does not constitute an offer to sell securities, noting any future sales would comply with the Securities Act of 1933 and that the announcement is made under Rule 135.
