BitGo wallet successfully introduced on Wall Street

Crypto wallet and custody service provider BitGo went live today (January 22, 2026) on the New York Stock Exchange (NYSE) with BTGO ticker. The company completed its IPO with a share price of $18 (above the expected $15-17), generating $212.8 million and a valuation of around $2.1 billion. This immediately marks the first major crypto-IPO of 2026 on Wall Street, backed by banks such as Goldman Sachs and Citigroup.

Founded in 2013 in Palo Alto, BitGo manages more than $104 billion in digital assets for 4,000+ institutional clients worldwide, and focuses on secure storage, trading and stablecoin infrastructure. The IPO further surfs the resurgence of crypto interest following successful IPOs in 2025 of companies such as Circle and Bullish.

The listing follows a January 12 announcement, with strong demand by institutional investors prioritizing custody and compliance over speculative exchanges. BitGo's subscription revenue grew 56% to $120.7 million by 2025, and this obviously inspired confidence for more crypto-IPOs this year.

(MP/©The Global Money/Illustration: Patrick Weissenberger via Unsplash)