Crypto custody company BitGo disclosed revenue in its IPO filing of US$4.19 billion in the first half of the year, a year-on-year increase of nearly four times
Source: PANews
Time: 2025-09-20 08:58:12
PANews September 20th news, according to Reuters, cryptocurrency custody company BitGo's U.S. initial public offering (IPO) application filed on Friday showed that its revenue in the first half of 2025 almost quadrupled. Its profit was $12.6 million and revenue was $4.19 billion in the six months ended June 30, compared with $30.9 million and revenue of $1.12 billion in the same period last year. BitGo plans 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.