BitGo: Company Has Secretly Filed for US IPO

According to a report by Jinse Finance, BitGo Holdings, the parent company of the cryptocurrency custody firm BitGo, announced on Monday that it has confidentially filed for an IPO amid a wave of optimism in the digital asset market. Founded in 2013, BitGo is one of the largest cryptocurrency custodians in the United States, providing storage and protection services for clients’ digital assets. The crypto industry’s market capitalization has surged to $4 trillion, with Bitcoin recently reaching a new all-time high, surpassing the $120,000 mark. Matt Kennedy, Senior Strategist at Renaissance Capital, commented, “These are the best market conditions the crypto sector has seen in years, and companies are eager to take advantage. Crypto startups know that the IPO window can close unexpectedly, especially in such a volatile sector, so they want to strike while the iron is hot.”