Just about four weeks into 2026, and the crypto industry has its first IPO on the board. BitGo, one of the oldest brands in crypto, listed its shares at $18, raising over $212 million. Shares rose in early trading, hitting an intra-day high of nearly $24 before settling closer to $20 closer to the end of the trading day.
BitGo, headquartered in Palo Alto, provides custody and related services for big crypto investors, and its valuation at listing was slightly over $2 billion.
