BitGo, a crypto custody company, is reportedly seeking to raise up to $201 million through an initial public offering (IPO) in the United States. The company is targeting a valuation of $1.96 billion. According to reports, BitGo has over $90 billion in assets under custody. Top US banks are reportedly leading the deal. The development indicates a growing interest in the crypto custody sector and traditional finance's increasing involvement in the digital asset space.

BitGo, a crypto custody company, is reportedly seeking to raise up to $201 million through an initial public offering (IPO) in the United States. The company is targeting a valuation of $1.96 billion. According to reports, BitGo has over $90 billion in assets under custody. Top US banks are reportedly leading the deal. The development indicates a growing interest in the crypto custody sector and traditional finance's increasing involvement in the digital asset space.