Strike while the iron is hot. BitGo secretly submits IPO application to the United States.
Cryptocurrency custody company BitGo Holdings announced on Monday that it has secretly filed for an IPO amid a surge of optimism in the digital asset market. Founded in 2013, BitGo is one of the largest cryptocurrency custody companies in the United States, providing storage and protection for clients' digital assets. The cryptocurrency industry market value has climbed to $4 trillion, with Bitcoin recently reaching a record high of over $120,000. Matt Kennedy, Senior Strategist at Renaissance Capital, said, "This is the best market conditions for the cryptocurrency space in years, and companies want to take advantage of this. Cryptocurrency startups know that the IPO window could unexpectedly close, especially in a volatile field like cryptocurrency, so they want to strike while the iron is hot."
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