Group 1 - The company is expected to have an initial public offering (IPO) between late 2026 and 2027 [1]

BitGo Holdings and some of its backers are seeking to raise as much as $201 million in an initial public offering, becoming the first crypto company to proceed with listing plans in 2026. The Palo Alto, California-headquartered startup is offering 11.8 million shares for $15 to $17 each in its IPO, according to a filing with the US Securities and Exchange Commission on Monday. Bloomberg's Monique Mulima speaks on "Bloomberg Crypto". ...

Group 1 - KRAKacquisition Corp., a SPAC backed by Kraken, has filed for a $250 million IPO, aiming to enhance its presence in public markets targeting digital asset businesses [1][5] - The SPAC plans to list on the Nasdaq under the ticker symbol "KRAQU" and will offer 25 million units priced at $10 each, with each unit consisting of one Class A ordinary share and a warrant for additional shares [1][2] - The focus of KRAKacquisition Corp. will be on companies within the cryptocurrency ecosystem, including trading, payments, and infrastructure services [2][3] Group 2 - The SPAC structure allows Kraken to bring crypto-focused companies to public markets without a traditional IPO, providing a strategic advantage amid growing competition among exchanges [3][6] - Kraken is also moving towards its own IPO, having submitted confidential paperwork and raised $800 million in a funding round that valued the firm at $20 billion [5] - The naming of KRAKacquisition suggests a connection to Kraken's internal payments product, indicating strong ties between the SPAC and its sponsor [6]

Group 1 - EquipmentShare.com is aiming to raise up to $777.75 million in its U.S. initial public offering [1]

Core Insights - BitGo is planning to go public with a valuation target of up to $1.96 billion in its U.S. IPO, aiming to raise $201 million by offering 11.8 million shares priced between $15 and $17 each [2] Industry Trends - The IPO market is expected to maintain momentum into 2026, following a recovery despite challenges such as tariffs and a government shutdown [3] - High-profile IPOs in the previous year included digital asset companies like Circle and Bullish, prompting more crypto firms to pursue public offerings this year [3][4] Market Sentiment - The entry of Circle into the public market signifies a cultural and economic shift, indicating that traditional finance is becoming more receptive to digital assets [4][5] - Recent pressures on AI and tech valuations have led to a "flight to quality," favoring regulated companies over speculative crypto ventures, positioning BitGo as a more defensive option within the sector [5] Future Outlook - BitGo aims to leverage the anticipated market momentum in early 2026, where small and mid-cap index outperformance may create favorable conditions for mid-sized offerings [6] - New digital asset legislation being considered by the Senate could provide both opportunities and challenges for crypto companies, with a clear federal framework potentially unlocking significant institutional capital [6][7]

Core Viewpoint - BitGo Holdings is targeting a valuation of up to $1.96 billion in what could be the first cryptocurrency initial public offering (IPO) of 2026, with share pricing set between $15 and $17 [1] Company Overview - BitGo is offering approximately 11.8 million shares, potentially raising up to $201 million at the upper end of the pricing range, with Goldman Sachs as the lead underwriter and Citigroup managing the offering [2] - The company estimates its revenue for the end of 2025 to be around $16.05 billion, a significant increase from $3.08 billion in 2024, primarily driven by digital asset trading [3] Financial Performance - BitGo's operations generated $2.6 million in income for the first nine months of 2025, with net income reaching $35.3 million after accounting for unrealized gains on digital asset holdings [3] Regulatory Developments - The IPO follows BitGo's receipt of conditional approval from the Office of the Comptroller of the Currency on December 12, 2025, allowing it to convert to a nationally chartered trust bank [4] - BitGo was one of five crypto firms to receive federal charter approvals on that day, with the CEO describing the approval as a landmark step for financial infrastructure [5] Market Position and Governance - Assets on BitGo's platform dropped 22% in Q4 2025 to $81.6 billion from $104 billion in Q3 2025, with approximately 80% of assets concentrated in five tokens, including Bitcoin at 42.8% [6] - BitGo will operate as a "controlled company" under NYSE rules, with CEO Michael Belshe holding about 55.5% of voting power through a dual-class share structure despite owning roughly 7.7% economic interest [6] Industry Context - Kraken filed confidentially for a US IPO in November 2025 after raising $800 million at a $20 billion valuation, targeting Q1 2026 for its offering [7] - BitGo intends to list on the New York Stock Exchange under the ticker symbol "BTGO" [7]

Company Overview - Bob's Discount Furniture has filed for an IPO, confirming its intention to publicly offer common stock and list on the New York Stock Exchange under the ticker symbol "BOBS" [1] - The number of shares and price range for the offering have not yet been determined, and the offering is subject to market conditions [1] Financial Performance - For the nine months ended 28 September 2025, the company's revenue increased by 20% year-on-year to $1.71 billion, up from $1.42 billion in the same period the previous year [2][3] - Net income rose significantly by 64% to $80.6 million, compared to $49.3 million a year earlier [3] - Adjusted EBITDA increased by 35.7% to $164 million during the same period [4] - Operating income improved to $111 million, up from $65.5 million a year prior [4] Sales and Growth Metrics - Comparable sales growth was reported at 10.5% over the nine months, driven by strong performance in the retail channel [4] - The company expanded its physical presence, increasing its store count by 11.4% year-on-year to 206 locations as of 28 September 2025 [4] Employment and Operations - As of 28 September 2025, Bob's Discount Furniture employed over 5,800 team members across the United States [5] Supply Chain and Tariff Exposure - The company highlighted its exposure to tariffs, noting that a significant portion of its products is sourced from overseas suppliers, with Vietnam accounting for nearly 63% of product cost volume [3]

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 ...

Core Viewpoint - BitGo is aiming to raise up to $201 million in its U.S. initial public offering as stated in a regulatory filing [1] Company Summary - BitGo is a crypto custody startup that is preparing for an initial public offering [1]

National Stock Exchange of India Ltd (NSE), the country’s largest exchange, plans to file its draft prospectus ‍for its long awaited public listing by the end of March, according ​to two people familiar with the matter.The exchange ‌is in discussions with investment bankers and law firms ​to finalise the prospectus and gauge investor appetite for what could be one of India’s biggest ever initial public offerings, the sources said.NSE has not indicated how much of its equity would be listed. A platform that ...