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Reuters
Mon, January 12, 2026 astatine 6:53 AM CST 1 min read
Jan 12 (Reuters) - BitGo is seeking to rise up to $201 cardinal in its U.S. archetypal nationalist offering, the crypto custody startup said successful a regulatory filing connected Monday.
The Palo Alto, California-based steadfast and immoderate of its existing shareholders are offering 11.8 million shares priced betwixt $15 and $17 each.
The integer plus manufacture is experiencing turbulence aft a steep crypto selloff successful October, which has raised the barroom for companies successful the assemblage seeking investor support.
Founded successful 2013, BitGo is 1 of the largest crypto custody firms successful the United States. It stores and protects integer assets for clients, a relation that has gained importance arsenic organization involvement successful crypto grows.
Goldman Sachs and Citigroup are the lead underwriters for the offering.
BitGo intends to database connected the New York Stock Exchange nether the awesome "BTGO".
(Reporting by Prakhar Srivastava successful Bengaluru; Editing by Vijay Kishore)
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