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BitGo, one of the leading cryptocurrency custodians, has officially begun its journey toward an initial public offering (IPO) in the United States by filing a draft registration statement with the SEC.

The company has not yet finalized the details of the offering, but it is positioning itself as a key player in the institutional adoption of cryptocurrencies.

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With assets under custody reaching $100 billion in the first half of 2025, BitGo is expanding aggressively, obtaining EU regulatory approval under MiCA and reportedly applying for a US bank charter.

The IPO could mark an important milestone in the integration of cryptocurrencies into traditional finance.

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