Digital asset custodian BitGo has officially filed for an initial public offering in the United States, revealing it currently safeguards $90.3 billion in client assets. The company is targeting a listing on the New York Stock Exchange, marking a significant milestone for the institutional cryptocurrency sector. This move comes as traditional finance increasingly embraces digital assets, supported by evolving regulatory frameworks and clearer policies from US authorities. BitGo’s decision to go public underscores the growing maturity of crypto infrastructure providers and reflects heightened investor confidence in professionally managed digital asset services. The offering is expected to provide greater transparency into the company’s operations and financial health, potentially setting a benchmark for other firms in the space. Industry analysts view this development as a strong indicator of the sector’s progression toward mainstream financial markets, with institutional adoption continuing to accelerate despite market volatility. The successful public listing would represent one of the most significant traditional market entries by a specialized cryptocurrency custody provider to date.
