BitGo NYSE Debut: What It Means for Retail Investors
Crypto custody firm BitGo made its New York Stock Exchange debut on Jan. 22, marking the first major crypto IPO of 2026. The stock trades under the ticker BTGO.
The listing signals expanding pathways for institutional capital into crypto markets—and offers retail investors a new way to gain exposure to the industry’s growth without directly holding tokens.
Shares Surge 25% at Open, Close Up Just 2.7%BitGo shares opened at $22.43, 24.6% above the $18 IPO price, and climbed to $24.50, a 36% premium. However, the stock gave back most of its gains to close at $18.49, up just 2.7% from the offering price. The company’s market capitalization stood at approximately $2.2 billion.
Crypto infrastructure enters its next era. The NYSE congratulates @BitGo on its IPO! $BTGO https://t.co/5YUdQQcCO1
— NYSE