BitGo files IPO application: Another "giant" in Crypto joins the stock market!

The cryptocurrency market is receiving another extremely positive signal as the digital asset and custody service provider BitGo just filed a confidential draft registration #IPO (initial public offering) with the U.S. Securities and Exchange Commission (SEC) on Monday.

This move affirms the increasing trend of crypto companies wanting to "enter" the stock market, following the remarkable successes of Circle and eToro. BitGo, a company valued at up to $1.75 billion in 2023 and currently holding over $100 billion in assets on its platform, is not only expanding its services but also actively participating in legal discussions about crypto in the U.S.

The inclusion of #BitGo in the list of crypto companies going public (along with Gemini and Bullish) shows the maturity and growing acceptance of this industry by traditional finance. This is a very optimistic sign for a promising future for cryptocurrency.