BitGo

BitGo Holdings Inc. is set for its Wall Street debut on Thursday, becoming the first cryptocurrency company to IPO this year. Details Of The IPO The cryptocurrency custodian firm will list shares on the NYSE under the ticker symbol "BTGO." BitGo will offer 11,026,365 shares of Class A common stock...

Cryptocurrency custodian company BitGo Holdings Inc. is aiming for a valuation of nearly $2 billion for its upcoming initial public offering. Another Crypto Company On Wall Street? The California-headquartered company and its existing shareholders will offer a combined total of roughly 11.8 million...

Cryptocurrency custodian company BitGo, Inc. was contemplating an initial public offering listing later this year, according to a media report on Tuesday. What happened: The California-headquartered company was in talks with potential advisors for a listing that could come as early as the second...

BitGo CEO Mike Belshe expressed on Friday a cautious outlook for Bitcoin (CRYPTO: BTC) ETF approvals, anticipating further rejections. In an interview with Bloomberg, Belshe highlighted the evolving regulatory landscape, particularly the concerns of SEC Chair Gary Gensler regarding market...

U.S.-regulated cryptocurrency custody firm, BitGo received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). The firm already stored crypto assets under the regulator's supervision since 2019 as part of a transitional regime. BitGo’s step, as...

Crypto custody specialist BitGo announced the acquisition of a software platform, HeightZero in a strategic move amid the rising institutional interest in crypto wealth management.  What Happened: HeightZero focuses on providing wealth managers with tools to incorporate cryptocurrencies into...

BitGo Inc. announced a successful fundraising round, securing $100 million and elevating its valuation to $1.75 billion. BitGo specializes in safeguarding crypto assets, often using physical vaults to protect private keys, Bloomberg reported. The U.S.-based cryptocurrency custody firm currently...

Customers Bancorp Inc. has become a significant ally for the cryptocurrency industry. What Happened: The Pennsylvania-based bank has partnered with numerous digital asset firms, including major exchanges, market makers, and stablecoin issuers. This surge in clientele occurred after the collapse of...

Cryptocurrency custody firm BitGo announced on Twitter the termination of its intended acquisition of Prime Trust. The decision was reached after thorough evaluation and efforts to establish a feasible partnership.  “After considerable effort and work to find a path forward with Prime...

Galaxy Digital Holdings (OTC: BRPHF), led by Mike Novogratz, has triumphed in a legal battle against BitGo over the latter’s $1.2 billion acquisition deal that never materialized.  Quoting a document from the Delaware Chancery Court dated June 9, Bloomberg reported that Galaxy...

Galaxy Bahamas, a subsidiary of Galaxy Digital, Mike Novogratz's crypto investment firm, has recently received regulatory approval to operate in the Bahamas. The Securities Commission of The Bahamas has authorized the company to operate as a digital asset business under the country's...

Defunct crypto exchange FTX (CRYPTO: FTT) has notified a federal judge that it would like BitGo to safeguard its remaining digital assets during the bankruptcy proceedings. What Happened: On Wednesday, FTX said that it was worried about cyberattacks and theft and that the company and its affiliates...

Galaxy Digital Holdings Ltd (OTC: BRPHF) shares traded lower by 2.8% on Monday after the company announced it has scrapped a major acquisition deal. What Happened? Galaxy Digital announced it is terminating its acquisition deal for BitGo after the company failed to deliver audited financial...

BitGo, a cryptocurrency custody provider, has undertaken its registration to carry out operations in Italy. What Happened: As revealed by Organismo Agenti e Mediatori (OAM), BitGo’s German wing filed for its registration to carry out digital wallet services on Friday, July 15. The past...