BitGo Completes $213 Million IPO Financing on January 22, 2026

According to media reports, digital asset services provider BitGo successfully completed its IPO financing on January 22, 2026, raising $213 million. The financing round included participation from investors such as YZi Labs. Following this round, BitGo's latest valuation reached $2.08 billion, marking a new phase in the company's development.Founded in 2013, BitGo is the industry's first digital asset company focused on institutional clients. As a pioneer in the sector, BitGo provides institutional investors with comprehensive solutions including asset custody, liquidity management, and security assurance. The company's operations span both centralized and decentralized finance, offering market-leading trading, lending, and other financial products through its one-stop prime brokerage platform. BitGo also serves as the custodian for the globally leading Bitcoin stablecoin WBTC, holding a significant position in digital asset custody.BitGo's IPO financing journey reflects its ongoing enhancement of core competitiveness in institutional-grade digital asset services. As early as August 2023, BitGo completed a $100 million financing round. In February 2025, the company announced the addition of OTC trading services, further expanding its service portfolio. The successful completion of this IPO demonstrates strong market recognition of BitGo's business model and growth prospects, and signals new growth opportunities emerging in the institutional digital asset services market. With more institutional investors entering the digital asset space, demand for BitGo's professional custody and security solutions is expected to increase further, providing a solid foundation for the company's continued development.