The renowned digital asset custody firm BitGo officially announced its plans to execute its BitGo IPO this Monday, January 12, 2026. According to Mike Belshe, the organization’s current CEO, the company is seeking a market valuation close to 1.85 billion dollars through this financial operation. The Silicon Valley-based firm submitted an update to its registration with the U.S. Securities and Exchange Commission to formalize this significant corporate step.
In this sense, the initial offering includes the sale of 11 million common shares with an estimated price range between 15 and 17 dollars per share. Furthermore, the document details that an additional 821,595 shares will be offered by internal investors looking to diversify their current positions.
The firm expects to obtain about 156 million dollars in proceeds if the shares are priced at the established midpoint. This strategic move positions BitGo among the sector leaders seeking greater liquidity in traditional capital markets recently.
On the other hand, the company’s services include regulated custody solutions, prime brokerage, and self-custody wallets for institutional clients. Additionally, this launch follows the trail of other major ecosystem firms that have sought public listings recently, consolidating the maturity of the digital financial environment.
BitGo has maintained sustained growth during the last fiscal year thanks to its solid user base and specialized services. The institutional market is watching the development of this offering due to its impact on global custody infrastructure.
Exceptional financial performance and massive growth of operating revenues
Regarding financial data, the BitGo IPO is supported by an impressive increase in its revenues, which rose from 1.9 billion to nearly 10 billion dollars. This increase was primarily driven by digital asset settlement services and the high demand for high-volume commercial trading operations.
The company’s revenues grew exponentially during the last period, reflecting the confidence of large capital in its platform. Therefore, the company’s proprietary technology has allowed it to process large-scale financial flows efficiently and securely.
In this way, BitGo reported a net profit of 35.3 million dollars in the first nine months of 2025, exceeding the 21.2 million from the previous year. This profitability milestone is crucial for attracting investors seeking companies with proven business models and positive cash flows.
The company achieved a net profitability higher than previous periods thanks to the optimization of its internal operating costs. The solid financial balance reinforces the confidence of subscribers in the long-term viability of the presented commercial proposal.
Will federal regulation be able to drive the success of this stock market debut?
However, one of the most decisive factors for BitGo’s future is the recent conditional approval received to operate as a national trust bank. This regulatory permission is vital, as it would allow the institution to qualify as a stablecoin issuer under the new federal legislation known as the GENIUS Act.
Approval to operate as a national bank provides an advantage that is unmatched compared to other digital asset custodians. This regulatory framework allows for expanding the financial product offering toward new segments of the traditional digital economy.
On the other hand, the company plans to use the funds raised to strengthen its technological infrastructure and expand its brokerage operations in key international markets. The integration of traditional banking services with digital asset custody represents a significant milestone for the industry as a whole.
The integration of traditional banking services will strengthen institutional adoption of digital assets on a massive scale in the coming years. BitGo is preparing to lead the new phase of services for regulated global finance following its stock market debut.
