Crypto firm BitGo eyes up to $1.96 billion valuation in US IPO

Jan 12 (Reuters) - Crypto custody startup BitGo said on Monday it was targeting a valuation of up to $1.96 billion ​in its U.S. initial public offering, seeking to tap into ‌the investor appetite for crypto firms. The Palo Alto, California-based firm and some of its ‌existing shareholders are looking to raise as much as $201 million by offering 11.8 million shares priced between $15 and $17 each. The U.S. IPO market regained momentum in 2025, after nearly three years of sluggish activity, but ⁠expectati ...