BitGo IPO pricing exceeds expectations, $18 per share sets a new funding high

robot
Abstract generation in progress

【Blockchain Rhythm】There is new progress on the IPO plan of the cryptocurrency asset custody company BitGo. The news on January 22nd shows that they have set the offering price at $18 per share, higher than the previously expected range of $15 to $17. This round of issuance is substantial—BitGo and some existing shareholders plan to sell approximately 11.8 million shares in total, indicating a significant amount of financing. However, they are still finalizing details, and some specific arrangements are still under discussion, with the possibility of further adjustments. From the numbers, the final pricing exceeded expectations, indicating that the market still has recognition for this veteran custody service provider.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
MetaMaskedvip
· 8h ago
Bro, $18? That's beyond expectations. It seems the market still recognizes this veteran custodian. --- BitGo's IPO is quite something; the pricing is going up, and the fundraising scale isn't small either. --- Wait, with 11.8 million shares... could there still be changes in the end? It feels like it's not settled yet. --- Is the custody track so hot? Even BitGo can issue shares above the offering price. That's interesting. --- To be honest, exceeding expectations is one thing, but the market variables are still too many. We have to wait until the official listing to be sure. --- A veteran is a veteran. Raising funds is still stable, unlike those new projects. --- $18 per share... it seems institutional investors are very optimistic. The market's demand for crypto custody is indeed heating up.
View OriginalReply0
BearMarketMonkvip
· 8h ago
Unsurpassed pricing... it's the same old story. Let's see how history has written it—these kinds of funding booms are often the final cheer before the cycle peaks.
View OriginalReply0
defi_detectivevip
· 8h ago
Hmm, $18 million exceeded expectations, it seems everyone still bought into the BitGo custody story. Established players definitely have confidence, but the IPO hasn't been finalized yet; we need to wait for the final confirmation. The custody track is finally about to see some major movement, quite期待. Pricing above the range indicates that institutions are still optimistic about this direction, not bad, not bad. BitGo is pushing hard, but can it still be adjusted in the end? This operation feels a bit risky haha. Raising 11.8 million shares, this scale is indeed significant. An old-timer in the crypto world is going public.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)