Crypto Custodian Company BitGo Targets Nearly $2 Billion Valuation In NYSE IPO

Cryptocurrency custodian company BitGo Holdings Inc. is aiming for a valuation of nearly $2 billion for its upcoming initial public offering.

Another Crypto Company On Wall Street?

The California-headquartered company and its existing shareholders will offer a combined total of roughly 11.8 million Class A shares, with each share priced between $15 and $17, per a Monday filing with the SEC.

Additionally, the company intends to grant the underwriters a 30-day option to purchase up to an additional 1,770,000 shares of Class A common stock.

On the completion of the offering, the company will have 115,559,776 shares outstanding, including 8,855,382 shares of Class B common stock. At an assumed price of …

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