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BTGO Bitgo Holdings News Story

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BitGo poised to open above offer price in NYSE debut

Updates

** Shares of crypto custody startup BitGo BTGO.N poised to open up to 22.2% higher than its offer price in New York Stock Exchange debut

** Stock indicated to open between $21 and $22 per share vs. offer price of $18 per share - LSEG data

** BitGo and some of its existing stockholders sold 11.8 million shares above the marketed range of $15 and $17 to raise $212.8 million

** Founded in 2013, BitGo is one of the largest crypto custody providers in the U.S., safeguarding digital assets for institutional clients

** Goldman Sachs and Citigroup were among the underwriters for the IPO

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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