Cryptocurrency custody firm BitGo has filed for an initial public offering (IPO) in the United States, aiming to raise up to $201 million. The company plans to offer 11.8 million shares priced between $15 and $17 each. BitGo reported approximately $10 billion in revenue for the first nine months of 2025, a substantial increase from $1.9 billion in the same period last year. The company's net profit reached $353 million, with $81 million attributable to shareholders, up from $51 million last year. As of September 30, 2025, BitGo's platform held $104 billion in assets under custody, supporting over 1,550 digital assets. The company projects its full-year 2025 revenue to be between $16.02 billion and $16.09 billion. Founded in 2013, BitGo is a leading cryptocurrency custodian in the U.S., benefiting from growing institutional interest in digital assets. Goldman Sachs and Citigroup are the lead underwriters for the IPO, and BitGo plans to list on the New York Stock Exchange under the ticker "BTGO."