TechFlow reported, citing Bloomberg and sources familiar with the matter, that cryptocurrency custodian BitGo is planning for an initial public offering (IPO) as early as the second half of 2025. The company is currently in talks with potential advisors regarding the listing. Headquartered in Palo Alto, California, BitGo was valued at $1.75 billion during its 2023 funding round.
The company previously reached an acquisition agreement with Galaxy Digital, led by Mike Novogratz, in 2021, but the deal ultimately fell through.




