How did BitGo’s IPO perform?

[cryptoenthusiast]

BitGo went public on the New York Stock Exchange with an IPO priced at $18 per share, valuing the company at around $2 billion. The stock initially surged about 25% on day one but later fell below the IPO price amid profit-taking and market volatility.

Despite early swings, the IPO highlights continued institutional interest in crypto infrastructure. BitGo provides custody and trading infrastructure, and its debut signals confidence in the long-term demand for digital asset services.

[nihalsari]

bitgo going public is a big signal that institutional crypto infrastructure is here to stay