Picture of Bitgo Holdings logo

BTGO Bitgo Holdings News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsSpeculativeMid CapValue Trap

Crypto firm BitGo poised to open higher in debut after $213 million IPO

** Shares of crypto custody startup BitGo BTGO.N indicated to open up to 19.4% above offer price in New York Stock Exchange debut

** Stock indicated to open between $20.50 and $21.50 apiece vs $18 offer price

** 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 United States, 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;))

Recent news on Bitgo Holdings

See all news