YZi Labs announces participation in BitGo's IPO

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On January 23, YZi Labs announced its participation in the initial public offering (IPO) of digital asset custody firm BitGo on the New York Stock Exchange (NYSE), though it did not disclose the size of its investment. BitGo is a regulated, institutional-grade digital asset infrastructure platform in the U.S., offering qualified custody and end-to-end services including staking and stablecoin issuance. It currently manages $82 billion in assets and serves over 5,100 institutional clients. Ella Zhang, head of YZi Labs, noted that BitGo has maintained a 10-year track record free of hacking incidents—demonstrating the strength of its technical foundation. YZi Labs will provide the necessary strategic resources to fuel BitGo’s global growth as a public company.

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