In a pivotal move for the cryptocurrency sector, BitGo has confidentially filed for an initial public offering (IPO) in the United States, marking a major step toward traditional market integration for digital asset infrastructure.
SEC Filing Signals Expansion Into Public Markets
On Monday, BitGo submitted a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), aiming to list its Class A common stock. Details such as the number of shares and pricing range remain undisclosed as the company proceeds with the confidential filing.
This development reflects the broader trend of crypto service providers seeking mainstream financial legitimacy, especially those positioned at the infrastructure layer of the ecosystem.
https://cointelegraph.com/news/bitgo-ipo-filing-crypto-custody-2025
Custody Assets Surpass $100 Billion in 2025
BitGo’s assets under custody have soared to over $100 billion in the first half of 2025, up sharply from $60 billion at the start of the year. This surge underscores the growing institutional demand for secure crypto custody solutions in an increasingly regulated environment.
As one of the largest crypto custodians globally, BitGo has become a cornerstone for asset managers, exchanges, and fintech platforms looking for compliant digital asset storage.
This rapid growth in AUC (assets under custody) adds weight to BitGo’s IPO ambitions, presenting a strong case to public investors seeking exposure to crypto infrastructure.
Regulatory Approvals Strengthen Global Footprint
In addition to its U.S. IPO plans, BitGo recently secured regulatory clearance under the European Union’s MiCA (Markets in Crypto-Assets) framework. This authorization enables BitGo to legally operate and offer its services throughout the EU—a critical move amid rising demand for cross-border digital asset solutions.
With MiCA compliance, BitGo joins a limited group of firms eligible to provide regulated crypto custody services across all 27 EU member states.
Crypto Infrastructure Firms Eye Public Market Pathways
BitGo’s IPO filing follows a broader wave of crypto-native firms exploring traditional capital markets, signaling a maturing sector aligned with regulatory expectations.
As institutional interest in cryptocurrencies grows, custody providers like BitGo are well-positioned to benefit from capital inflows, regulatory clarity, and technological adoption across global finance.
The success of BitGo’s IPO could set a precedent for other digital asset firms preparing to enter public markets.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.