BitGo IPO Priced at $18; Focuses on Crypto Custody Growth
BitGo has priced its IPO at $18, emphasizing its role in institutional crypto custody. The company is highlighting its potential for long-term adoption amidst the volatile crypto trading landscape. This strategic positioning comes at a time when recent listings have not performed well against the CoinDesk 20. BitGo aims to present itself as a unique investment opportunity focused on the custody side of the crypto market, targeting institutional investors seeking secure storage solutions for digital assets.
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