Overview
- BitGo plans to offer roughly 11.8 million Class A shares at $15–$17 each and list under the ticker BTGO on the New York Stock Exchange.
- The deal targets a valuation of up to about $1.96 billion and aims to raise approximately $201 million in gross proceeds.
- The offering includes primary shares from BitGo and about 821,600 secondary shares from existing holders, from which the company will receive no proceeds.
- Goldman Sachs and Citigroup are leading the IPO, and underwriters have a 30‑day option to buy up to an additional 1.77 million shares.
- BitGo will be a controlled company under NYSE rules with Class A at one vote and Class B at 15 votes per share, and it has not set a final IPO date.