BitGo plans to list its Class A common stock on the New York Stock Exchange (NYSE), joining the growing list of crypto firms going public. Last Friday, the crypto custody firm submitted its Form S-1 registration with the U.S. SEC, detailing its plans.
The Palo Alto-based company is looking to profit from the growing interest around crypto among institutional investors. Under U.S. President Donald Trump, the U.S. is giving a friendly policy ecosystem for crypto firms that has encouraged several digital assets platforms to go public in recent months.
As per BitGo’s filing, it wishes to list itself on the NYSE under the ticker “BTGO”. For now, however, the company has neither clarified how many Class A common stocks it plans to put on the table nor has it disclosed the price range these stocks would be listed for.
“Upon completion of this offering, we will have two classes of authorized common stock, Class A common stock and Class B common stock (collectively, our “common stock”). The rights of the holders of Class A common stock and Class B common stock will be identical, except with respect to voting rights and conversion,” the filing said.
BitGo explained that each share of its Class A common stock will be entitled to one vote per share whereas each share of its Class B common stock will be entitled to fifteen votes per share and will be convertible at any time in accordance with its terms into one share of our Class A common stock.
Founded in 2013, BitGo said, it had $90.3 billion in assets on platform as of June 30, 2025. Among other details disclosed in its filing, the company noted that it is operational in over 100 countries and supports more than 1,400 cryptocurrencies.
More specifications around this IPO will be revealed in alignment with SEC’s review of the Form S-1 submission.
Last week, stablecoin issuer Figure Technology raised $787.5 million in a U.S. initial public offering. It sold 31.5 million shares at $25 each.
Crypto firm Gemini also recently completed its initial public offering on September 15, having sold 15,937,501 shares of Class A common stock at $26.00.
Figure, Bullish, and GrayScale are among other crypto firms that have gone public in recent months.