Imagine a bank for your Bitcoin! BitGo is a company that keeps Bitcoin and other cryptocurrencies safe for big companies. They're thinking about becoming a public company, which means anyone can buy a piece of them!
- BitGo helps keep cryptocurrencies secure.
- They might sell parts of their company to the public later this year.
- They're famous for managing wrapped Bitcoin (wBTC), which is like a special Bitcoin token.
Fact | Number |
---|---|
wBTC market value | $12 billion |
BitGo's valuation in 2023 | $1.75 billion |
Money raised by BitGo in 2023 | $100 million |
Some people think the crypto market might get better because of recent events, leading companies like BitGo to consider going public. It's all very exciting!