BitGo May Pursue IPO Amid $100 Billion Assets Under Custody and EU Expansion

Key Points

1. BitGo filed a confidential S-1 with the SEC for an IPO, reflecting its ambition to solidify its position in the crypto custody market.

2. BitGo manages over $100 billion in assets as of mid-2025, demonstrating robust growth in the crypto custody sector.

3. The company has expanded its operational footprint under the EU's MiCA regulatory framework, enhancing its global presence.

4. BitGo's IPO is expected to set a benchmark for evaluating the maturity and stability of crypto custody providers and may catalyze further institutional adoption.

5. The IPO filing highlights BitGo's proactive approach to capitalizing on global growth opportunities amid increasing institutional demand for crypto custody services.