BitGo, the company behind WBTC, is considering an IPO in the second half of 2025. Founded in 2013, BitGo manages more than $100 billion in assets, processes about 8% of all global Bitcoin transactions, and serves over 1,500 institutional clients in more than 50 countries.

The move reflects a trend of many crypto companies, such as Gemini, Kraken, and Circle, also considering going public amid what is seen as a “more open” regulatory environment under President Trump.

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