Crypto firm BitGo confidentially files for US IPO
(Reuters) -BitGo, a provider of trust and security services for digital assets, said on Monday it has confidentially filed for a U.S. listing, as crypto firms race to capitalize on renewed market momentum.
Several high-profile companies, including those in riskier sectors like crypto and fintech, have launched successful listings in recent weeks, signaling pent-up demand and a rebound in capital markets activity.
BitGo's announcement follows the crypto sector's market value hitting $4 trillion last week, driven by renewed optimism, regulatory clarity in key markets, and rising institutional inflows.
The number of shares to be offered and the price range for the proposed initial public offering have not yet been determined, BitGo said.
(Reporting by Manya Saini in Bengaluru; Editing by Leroy Leo)
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