Coinspeaker
Jan 22, 2026
5 0

BitGo Raises $212.8 Million in First Crypto IPO of 2026

BitGo Holdings IPO Details:

  • Increased IPO price to $18 per share, above the original range of $15-$17.
  • Sold 11.8 million shares, raising $212.8 million.
  • The IPO values BitGo at $2.08 billion.
  • Plans to list on the New York Stock Exchange under the ticker BTGO.
  • Goldman Sachs and Citigroup are managing the offering.

Ripple Labs Update:

  • Ripple has decided not to pursue an IPO in 2026.
  • Cites a strong balance sheet and no need for public market capital.
  • Raised $500 million in November 2025 at a $40 billion valuation.
  • Completed a $1 billion tender offer in 2025, repurchasing over 25% of its shares.