BitGo submits IPO application in the U.S., aiming to raise approximately $201 million

According to a report by Reuters, cryptocurrency custody company BitGo has submitted an IPO application in the U.S., planning to issue 11.8 million shares, with a price range of $15 to $17 per share, aiming to raise approximately $201 million.

Founded in 2013, BitGo is one of the largest cryptocurrency custody institutions in the U.S. The listing will use the stock code "BTGO" and is set to be listed on the New York Stock Exchange, with Goldman Sachs and Citigroup as underwriters.