Latest news with #cryptofirms
Bloomberg
07-08-2025
- Business
- Bloomberg
Tokenization Boom? Wall Street Still Isn't Biting, JPMorgan Says
Despite billions poured into blockchain initiatives promising to reshape finance, the idea of putting traditional assets like bonds, funds and private credit on blockchain rails has yet to win over major institutional investors. The market for tokenized real-world assets — long touted as crypto's bridge to mainstream finance — remains small, with a total value of just $25 billion, according to JPMorgan Chase & Co. And most of that, the bank says, is driven by crypto-native firms rather than Wall Street incumbents.
Bloomberg
21-07-2025
- Business
- Bloomberg
BitGo Confidentially Files for US IPO as Trump Embraces Crypto
Crypto custody firm BitGo Holdings Inc. said Monday it has confidentially filed for an initial public offering amid a wave of optimism on the digital asset market. BitGo is joining a number of crypto firms rushing to go public after US President Donald Trump has embraced the industry. The number of shares to be offered as well as the price range for the company's proposed IPO have not yet been determined, according to a statement.
Reuters
21-07-2025
- Business
- Reuters
Crypto firm BitGo confidentially files for US IPO
July 21 (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.
