Cryptocurrency custody startup BitGo files for US IPO.

On September 19th, local time, cryptocurrency custody startup BitGo submitted its IPO filing in the United States. The filing showed that in the first half of this year, its revenue was $4.19 billion and its profit was $12.6 million; in the same period last year, its revenue was $1.12 billion and its profit was $30.9 million. Previously, the company had a valuation of $1.75 billion in a financing round in 2023.