BitGo debuts with $2.59 billion valuation as crypto IPO window reopens (Jan 22)
Yahoo Finance·2026-01-22 17:42
(Corrects January 22 story to say BitGo received approval, not conditional approval to convert its state trust bank charter to a national charter in paragraph 11) By Atharva Singh and Arasu Kannagi Basil Jan 22 (Reuters) - BitGo hit a $2.59 billion valuation after its stock opened 24.6% higher in their New York debut on Thursday, as investors snapped up shares in 2026's first crypto IPO. The crypto custody firm's stock opened at $22.43 a share, above the $18 offer price. BitGo and some of its backe ...