BitGo Holdings prices US IPO at $18, Bloomberg News reports

Reuters

BitGo Holdings prices US IPO at $18, Bloomberg News reports

FILE PHOTO: Illustration shows BitGo logo · Reuters

Reuters

Wed, January 21, 2026 at 9:23 PM EST

1 min read

Jan 21 (Reuters) - BitGo Holdings has priced its initial public ​offering at $18 per share, ‌above the marketed range, Bloomberg News ‌reported on Wednesday, citing people familiar with the matter.

Reuters could not immediately verify the report. ⁠BitGo declined ‌to comment.

At the price, BitGo and its backers ‍would raise $212.8 million, valuing the company at more than $2 billion, the report ​said, based on the outstanding ‌shares listed in its filings with the U.S. Securities and Exchange Commission.

The Palo Alto, California-based firm and certain existing shareholders ⁠are offering 11.8 ​million shares in ​the IPO.

Goldman Sachs and Citigroup are ‍the lead underwriters for ‍the ⁠offering.

BitGo will list on the New York Stock Exchange ​under the ⁠symbol "BTGO".

(Reporting by Bipasha Dey in Bengaluru; ‌Editing by Subhranshu Sahu ‌and Sherry Jacob-Phillips)

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