Is The BitGo IPO Finally Happening? Latest Updates from Today’s Session

BitGo is considering an IPO filing in 2025. Following suit are other crypto market bigshots like………… 

11th Feb 2025 was vital for IPO aspirants in the crypto community. The promising stable coins finally give a clear indication that they are going to hit the public equity markets this year.  

Heading the pack is BitGo, who confirmed last Tuesday that the company would perform their initial public offering as soon as possible, this year. A Bloomberg report filed this official statement.  

The report has also revealed that BitGo is in talks with investment banks, seeking advice on pulling off a potential IPO session. Market experts say that the IPL could actually come into effect in the latter half of the year.  

Latest Developments 

Presently, a series of deliberations are in the pipeline. However, there is no concrete decision on the IPO.  

BitGo is a responsible player in the crypto community. The company works towards regulating the crypto custody, landing, and infrastructure services within US institutions. When asked about the possible affirmation about the IPO from their end, a company spokesperson declined to say anything today.  

This triggers more doubt about the IPO. BitGo might be in the mode of a flaunting affair regarding the IPO and gathering market momentum doing that.  

Meanwhile, BitGo has a reputed past of working with stablecoins. They have been the custodian of Bitcoin Wrapped WBTC (now $99758.15), a popular Bitcoin wrapper. We need to keep an eye on the March-April updates to decide whether the IPO is finally coming this year or not.