BitGo raises $212.8 million at $18 per share in first crypto IPO of 2026
On Wednesday, Palo Alto-based BitGo completed its stock market debut, selling 11.8 million shares at $18 each and raising $212.8 million at a $2.08 billion valuation. The first cryptocurrency company to go public in 2026 is listing amid U.S. regulatory uncertainty, weak digital asset prices, and heightened geopolitical tensions that are weighing on broader IPO plans.