Overview
- Goldman Sachs and Citigroup are named as lead underwriters for the listing.
- BitGo posted more than $3 billion in 2024 revenue and roughly $156.5 million in net income after returning to profitability.
- Net income for the first half of 2025 was $12.6 million on $4.19 billion in revenue, reflecting margin pressure as operating costs rose.
- Assets on platform totaled about $90.3 billion as of June 30, with significant concentration in Bitcoin (48.5%) and Sui (20.1%), plus Solana, XRP and Ethereum.
- The company cites expanding permissions in Europe under MiCA and a pursuit of a U.S. national bank charter, with IPO pricing and timing still undisclosed.