Crypto Firm BitGo Targets Nearly $2 Billion Valuation in US IPO Filing

Crypto firm BitGo has filed for an initial public offering (IPO) in the United States, aiming for a valuation of nearly $2 billion. The company, which provides digital asset custody and security services, plans to use the proceeds from the IPO to expand its offerings and enhance its technology. BitGo's filing comes amid a growing interest in cryptocurrency and blockchain technology from institutional investors. The firm has previously raised significant capital from investors, including Goldman Sachs and others. This move marks a significant step for BitGo as it seeks to solidify its position in the competitive crypto market.

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