Crypto custodian BitGo has filed an IPO registration statement with the U.S. Securities and Exchange Commission as it steps up plans for a New York stock market listing, Cointelegraph reported on Sunday.
BitGo plans to issue a total of 11.8 million shares in the IPO and raise up to $201 million. Goldman Sachs and Citigroup will serve as lead underwriters, while Deutsche Bank, Mizuho, Wells Fargo, Cryptobruyte & Woods, Canaccord Genuity and Cantor Fitzgerald will act as joint underwriters.
BitGo, founded in 2013, holds more than $90 billion in crypto assets and is targeting a valuation of $1.96 billion through the IPO.
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