BitGo Reports Revenue Nearly Quadrupled Ahead of U.S. IPO

 BitGo Reports Revenue Nearly Quadrupled Ahead of U.S. IPO

Crypto-custody firm BitGo filed for its U.S. IPO, revealing strong financials: revenue jumped from $1.12B a year ago to $4.19B over the first half of 2025, while profit tapered to $12.6M from $30.9M. The company, known for safeguarding digital assets for institutional clients, is riding the wave of investor appetite for public crypto-firm listings. 

Why it stands out:

• Huge revenue growth shows custody & security services are in high demand as institutions move into crypto.

• Despite lower profits, BitGo’s scale and reputation make it a serious contender in public crypto markets.

• This IPO could set a benchmark for similar firms seeking to go public.