Crypto custody startup BitGo reveals near fourfold revenue jump in US IPO filing

FILE PHOTO: U.S. flags hang on the building of the New York Stock Exchange (NYSE), after U.S. President-elect Donald Trump won the presidential election, in New York City, U.S., November 6, 2024. REUTERS/Andrew Kelly/File Photo

(Reuters) -Crypto custody startup BitGo's revenue nearly quadrupled in the first half of 2025, its filing for a U.S. initial public offering showed on Friday, following a string of stellar crypto debuts as investors flock to new listings.

U.S. IPOs are set to have one of the busiest issues since 2021 this fall, with crypto firms anchoring a market that was scuttled by tariff uncertainty in April.