BitGo's revenue in the first three quarters is approximately $10 billion, with an expected full-year revenue of $16 billion in 2025.

BlockBeats News, January 14 — Cryptocurrency asset custody startup BitGo plans to raise up to $201 million through an initial public offering (IPO) in the United States. The company will issue 11.8 million shares, with a price range of $15 to $17 per share.

In terms of performance, the prospectus shows that BitGo’s revenue for the first nine months of 2025 was approximately $10 billion, a significant increase compared to the same period last year (about $1.9 billion). Net profit was approximately $35.3 million, with net income attributable to shareholders of about $8.1 million. In the same period last year, the company’s net profit attributable to shareholders was $5.1 million. As of September 30, 2025, the BitGo platform managed assets worth approximately $104 billion, supporting over 1,550 digital assets. BitGo expects full-year 2025 revenue to be between $16.02 billion and $16.09 billion.

Founded in 2013, BitGo is one of the largest crypto custody companies in the United States. As institutional interest in crypto assets grows, the company’s role in storing and protecting digital assets for clients becomes increasingly important. Goldman Sachs and Citigroup are acting as lead underwriters for this issuance. BitGo plans to list on the New York Stock Exchange under the ticker symbol “BTGO”.