BitGo Prices IPO at $18 per Share, Plans to Offer 11.82 Million Shares
- IPO Scale: BitGo announced its initial public offering priced at $18 per share, planning to offer a total of 11,821,595 shares of Class A common stock, with 11,026,365 shares issued by the company and 795,230 shares sold by existing shareholders, reflecting strong market demand for digital asset infrastructure companies.
- Underwriter Selection: Goldman Sachs acts as the lead underwriter, alongside Citigroup and Deutsche Bank, indicating robust support and trust in the company from capital markets, which enhances its market image and financing capabilities.
- Trading Timeline: BitGo's shares are expected to begin trading on the New York Stock Exchange on January 22, 2026, with the offering anticipated to close on January 23, 2026, aligning with growing market interest and investor expectations in digital assets.
- Market Positioning and Growth: Since its establishment in 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy, serving thousands of institutional clients globally, showcasing its leadership position and future growth potential in the digital asset space.
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Upcoming IPOs: Three new IPOs are set to launch today, attracting investor attention.
Key Players: The companies involved in these IPOs include SpaceX, OpenAI, and Anthropic.
Market Anticipation: Investors are particularly eager for these IPOs as they await significant developments later this year.
Investment Climate: The current market environment is buzzing with excitement over these high-profile companies entering the public market.

Company Overview: Veradermics is a small biotechnology firm focused on developing drugs for hair loss.
Stock Market Performance: The company had a successful debut on Wall Street, with shares opening at $33, peaking at $40.01, and closing at $37.75, marking a 122% increase from its initial offering price of $17.
- IPO Market Performance: In January 2026, nine IPOs raised a total of $2.6 billion, although a backlog of startups indicated IPO plans, the overall deal count and proceeds fell below the ten-year average, reflecting cautious market sentiment.
- Sector Dynamics: The industrial sector's EquipmentShare.com led with $747 million raised, surging 33% on its first day, indicating strong investor demand for fast-growing companies viewed as resistant to AI disruption.
- SPAC Issuance Surge: January saw SPAC issuance reach a four-year high with 25 blank check deals raising $5.2 billion, providing hundreds of pre-IPO companies with an alternative path to public markets, reflecting growing interest in emerging technology firms.
- Active IPO Pipeline: By the end of January, the IPO pipeline included 216 companies seeking to raise approximately $12.4 billion, with 130 having filed or updated within the last 90 days, demonstrating ongoing market interest in new public offerings.
- IPO Market Performance: In January 2026, nine IPOs raised a total of $2.6 billion, reflecting a cautious market sentiment as this figure fell short of the ten-year average, particularly after the volatility experienced in Q4 2025.
- Sector Dynamics: The industrial sector led the month’s largest IPOs, with EquipmentShare.com raising $747 million, highlighting investor preference for fast-growing companies perceived as resilient to AI disruption.
- Emerging Trends: The fintech and biotech sectors showed signs of recovery at the start of 2026, notably with fintech PicPay becoming the first Brazilian IPO in four years, raising $434 million, although its shares fell 5% post-IPO.
- SPAC Activity: January saw SPAC issuance reach a four-year high with 25 deals raising $5.2 billion, indicating growing interest in pre-IPO companies opting for SPAC mergers, despite overall IPO activity remaining below 2021 peaks.
Wealthy Americans Considering Migration: A survey by Arton Capital reveals that a significant number of wealthy Americans are contemplating leaving the USA a year into Donald Trump's presidency.
Survey Results: Among 1,000 respondents with a net worth of at least $1 million, 18% indicated they are "much more likely" to leave, 15% said "more likely," and 34% were uncertain about their decision.

- BitGo IPO Performance: BitGo priced its US IPO at $213 million, achieving a market cap of $2.2 billion, and despite an initial 25% gain, the stock closed 19% below the offer price, indicating market caution towards digital asset infrastructure.
- EquipmentShare.com Success: EquipmentShare.com raised $747 million with a market cap of $6.7 billion, and its shares surged 33% on the first day, reflecting strong demand in the construction equipment rental market and the effectiveness of its digital platform.
- SPAC Market Activity: Six SPACs went public this week, with Helix Acquisition III and Archimedes Tech SPAC Partners III upsizing their offerings, demonstrating ongoing investor interest in healthcare and technology sectors.
- IPO Market Overview: As of January 22, 2026, the Renaissance IPO Index has risen 3.8% year-to-date, outperforming the S&P 500's 1.1% increase, highlighting the strong performance of newly public companies relative to the broader market.






