Digital asset custodian BitGo has officially filed for an initial public offering (IPO) in the United States.
According to its S-1 filing with the SEC, the company plans to list its Class A common stock on the New York Stock Exchange under the symbol "BTGO."
The filing provides a detailed overview of BitGo's operations and reveals that it holds approximately $90.3 billion in assets for a broad customer base of more than 4,600 entities and 1.1 million users worldwide.
The Palo Alto-based company supports more than 1,400 digital assets and has $250 million in insurance coverage, positioning it as a major player in the infrastructure for institutional adoption of cryptocurrencies.