tl;dr
Cryptocurrency custodian BitGo is considering an initial public offering (IPO) in the second half of 2025 amid increasing institutional interest in the crypto industry. The move aligns with a trend of crypto firms exploring IPO opportunities in a perceived favorable regulatory environment under the ...
BitGo, a leading crypto custodian, is considering an initial public offering (IPO) in the second half of 2025 amid increasing institutional interest in the crypto industry.
The move aligns with a trend of crypto firms exploring IPO opportunities in a perceived favorable regulatory environment under the Trump administration.
BitGo's CEO has been a vocal supporter of Donald Trump's digital asset policies, indicating close ties to the US president.
Other crypto platforms, such as Gemini, Kraken, Circle, and Bitpanda, are also evaluating IPO options, reflecting the industry's growing mainstream acceptance despite past regulatory uncertainties.
BitGo is exploring an IPO in H2 2025, amidst renewed confidence in crypto regulation under the second Donald Trump administration, which has vocally supported the digital asset sector.
Bloomberg reported that discussions are underway with potential advisors, though no final decision has been made. BitGo has not officially confirmed its IPO plans.
The company processes approximately 8% of all global Bitcoin transactions, further solidifying its status as a major player in the industry.
BitGo's IPO aspirations align with a broader trend of crypto firms preparing to go public, capitalizing on a favorable regulatory environment emerging under the Trump administration.
This momentum in crypto IPOs reflects the industry’s increasing mainstream acceptance despite past regulatory uncertainties.
BitGo’s CEO, Mike Belshe, has been an outspoken supporter of Donald Trump’s policies on digital assets, highlighting the close ties between BitGo’s leadership and the US president.
Meanwhile, European crypto platform Bitpanda is also weighing its options for an IPO or sale at a $4 billion valuation.