BitGo set to debut on NYSE at $2.2B valuation in first crypto IPO of 2026
Crypto custody leader BitGo is debuting on the NYSE with a $2.2 billion valuation, marking the first major crypto IPO of 2026.Summary
BitGo Holdings is scheduled to debut on the New York Stock Exchange today after pricing its Initial Public Offering (IPO) at $18 per share, exceeding its initial marketed range. This offering raised $212.8 million, establishing a total valuation of $2.2 billion for the crypto custody firm, making it the first significant crypto IPO of 2026. Founded in 2013, BitGo offers institutional-grade custody, wallet security, staking, and treasury services. This listing follows BitGo's recent conditional approval from the US Office of the Comptroller of the Currency (OCC) to operate as a national trust bank, allowing it to offer federally regulated custody services nationwide. The IPO occurs while digital assets face pressure, with Bitcoin trading below $90,000, positioning BitGo's debut as a key indicator of investor sentiment for the crypto markets in 2026.
(Source：Crypto Briefing)