Overview
- BitGo submitted a public IPO filing to list Class A shares on the NYSE under the ticker BTGO with Goldman Sachs and Citigroup leading the deal.
- The company reported $4.19 billion in revenue and $12.6 million in profit for the first half of 2025, nearly quadrupling year-over-year revenue.
- Full-year 2024 results showed more than $3 billion in revenue and $156.5 million in net income, reversing a 2023 loss.
- Platform metrics included about $90.3 billion in assets on platform, 4,621 clients, and roughly 1.04 million users through mid‑2025.
- The filing outlines a dual‑class share structure that keeps CEO Michael Belshe in control, cites EU MiCA approval and a U.S. bank charter pursuit, and leaves pricing and timing undisclosed.