BitGo IPO Prices Above Range as Wall Street Bets on Crypto Custody

When institutions enter the crypto space, tying billions of dollars to the market, they bring with them a demand for “extra” caution. While compliance with existing regulations is vital, the presence of a regulated custodian to secure assets is even more critical. Custody is the heart of the crypto ecosystem due to its decentralized nature. Every Bitcoin in circulation is secured by a set of private keys that prove ownership. If these keys are lost, there is no way to regain access to the underlying asse ...