BitGo's revenue in the first three quarters was approximately $10 billion, with projected annual revenue of $16 billion by 2025.

**Crypto Custody Startup BitGo Plans $201M IPO in U.S.** BitGo, a cryptocurrency asset custody firm, intends to raise up to $201 million through its U.S. initial public offering (IPO). The company will offer 11.8 million shares at a price range of $15 to $17 per share. Per its prospectus, BitGo posted ~$10 billion in revenue for the first nine months of 2025— a sharp surge from ~$1.9 billion in the year-ago period. Net income totaled ~$35.3 million, with net income attributable to shareholders at ~$8.1 million (up from $5.1 million in the same prior-year span). As of Sept 30, 2025, the platform held ~$104 billion in custodied assets, supporting over 1,550 digital asset types. BitGo projects 2025 full-year revenue between $16.02 billion and $16.09 billion. Founded in 2013, BitGo ranks among the largest crypto custodians in the U.S. Its role in storing and safeguarding clients’ digital assets has grown as institutional interest in crypto rises. Goldman Sachs and Citigroup are lead underwriters for the offering. BitGo will list on the New York Stock Exchange (NYSE) under the ticker symbol “BTGO.”