BitGo officially submits S-1 files to the US SEC and starts the IPO process

According to Golden Finance, cryptocurrency custody company BitGo officially submitted S-1 documents to the US SEC to initiate the IPO process. Founded in 2013, BitGo is one of the largest cryptocurrency custodian companies in the United States. It stores and protects digital assets for customers. BitGo intends to be listed on the New York Stock Exchange under the stock code "BTGO". Goldman Sachs and Citigroup are the lead underwriters of the issuance. According to the disclosure documents, for the years ended December 31, 2024, December 31, 2023 and December 31, 2022, BitGo's total revenue was US$3.1 billion, US$926.3 million and US$2.5 billion, respectively, and net profit was US$156.6 million, US$2.1 million and US$4.6 billion, respectively. The company's total revenue was US$4.2 billion and its net profit was US$12.6 million for the six months ended June 30, 2025.