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Crypto Custodian BitGo Announces IPO Pricing

BTGO shares are expected to go public on January 22.
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Jan 12, 2026 • 1 min read

BitGo has announced pricing for its upcoming initial public offering (IPO), which is expected to take place on January 22. Updated financials show the crypto custodian seeking to raise over $200M at a valuation just shy of $2B.

What's the Scoop?

  • Previous Prospectus: BitGo filed its first S-1 registration statement, the first formal step to start the IPO process, with the U.S. Securities and Exchange Commission in September.
  • New Financials: Amended today, BitGo latest S-1 registration statement indicates that the company is looking to sell 11.8M shares of Class A common stock at an expected initial public offering price between $15 and $17 per share. Existing company insiders will supply 820k shares, grossing maximum expected deal proceeds of approximately $187M for BitGo.
  • Custody Clarity: The OCC, a major U.S. banking regulator, confirmed in November that U.S. banks are permitted to hold crypto assets. In December, the regulator authorized its banks to broker "riskless" crypto transactions and approved BitGo's application to become a national trust bank.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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