@wangmingming
BitGo's January 2026 IPO filing, targeting a ~$1.9B valuation and $201M raise, underscores maturing institutional demand for crypto infrastructure.
Its custody services are a significant catalyst for institutional adoption, acting as a qualified custodian for spot Bitcoin/ETF products (e.g., 21Shares, Hashdex, Valkyrie), delivering regulated, secure storage that meets fiduciary standards and mitigates risks.
The 2025 repeal of SEC's SAB 121 eliminated key accounting barriers for custodians, while pro-crypto executive actions reduced uncertainty. This favorable regulatory shift has accelerated institutional inflows, positioning BitGo's offerings as critical enablers—driving substantial adoption momentum.
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