Crypto custody firm BitGo is moving ahead with a US initial public offering that could value the company at close to £1.58 billion ($2 billion), as investors show growing interest in regulated crypto infrastructure over more speculative digital asset bets.
BitGo has launched an IPO of 11.8 million Class A shares, with the price expected to range between £11.86 and £13.44 ($15 to $17). The company plans to list on the New York Stock Exchange under the ticker 'BTGO', according to details in its IPO filing and share launch.
