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BitGo Holdings, Inc. (NYSE: BTGO)

  • January 31, 2026
  • Chart Of The Week, Insights

BitGo Holdings, Inc. (NYSE: BTGO) is a leading next-generation digital asset infrastructure company focused on delivering secure, scalable Web3 financial solutions to institutions and high-net-worth individuals. Since its founding in 2013 during the early days of the cryptocurrency movement, BitGo has pioneered key innovations in digital asset security, including multi-signature wallets and Threshold Signature Scheme (TSS) technology, which have established it as a trusted leader in custody, security, and liquidity.

Let us explain.

BitGo offers a comprehensive suite of services, including self-custody wallets, qualified custody, liquidity and prime brokerage, staking, trading, financing, stablecoins, and settlement from regulated cold storage. The company also provides infrastructure-as-a-service, blockchain security platform APIs, and advanced settlement solutions. It currently manages more than $104 billion in assets on its platform, has created over 9.3 million wallets, and secures approximately 20% of all on-chain Bitcoin transactions by value. Notably, BitGo serves as the exclusive custodian for Wrapped Bitcoin (WBTC), enabling Bitcoin to be tokenized and seamlessly used on the Ethereum blockchain. Headquartered in Sioux Falls, South Dakota, BitGo operates as a federally chartered national trust bank under approval from the Office of the Comptroller of the Currency (OCC). 

It’s a big world.

As of September 30, 2025, the company serves 4,900 clients across 100 countries, supporting 1,550 different digital assets. Its principal markets span North America, Europe, and Asia, and its diverse client base includes crypto-native companies, institutional investors, trading firms, exchanges, developers, corporations, government agencies, and wealthy individuals.

Recent offering.

BitGo Holdings, Inc. (NYSE: BTGO) completed its initial public offering (IPO) in January 2026, as the first major crypto-related IPO of the year and the debut of the first publicly traded, federally chartered, digital asset infrastructure company.  

The company priced its IPO at $18.00 per share on January 21, 2026, which was above the previously marketed range of $15.00 to $17.00 per share. The offering consisted of an aggregate of 11,821,595 shares of Class A common stock which raised approximately $212.8 million in gross proceeds for BitGo. Major underwriters included Goldman Sachs and Citigroup.

Shares of BitGo were under pressure following their IPO for a number of reasons including, risk off stock market trading psychology, supported by some tech companies reporting or providing lower than expected guidance for financial results (MSFT), announcement of newly nominated Federal Reserve Chairman, Kevin Warsh, viewed by many as an independent who will support a stronger US Dollar.

Depth.

With a team of more than 560 employees, BitGo combines deep operational expertise with rigorous regulatory compliance to serve as the trusted operational backbone for thousands of institutional clients worldwide, including many of the leading cryptocurrency exchanges and platforms.

SEE MORE INSIGHTS

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