BitGo's shares opened significantly strong on their first trading day, jumping 25% above the IPO price right out of the gate. The crypto custody and wallet infrastructure firm, backed by several major investors, successfully closed a $212.8 million fundraising round through the US public offering. The first-day pop signals solid investor appetite for established players in the digital asset infrastructure space, reflecting growing institutional confidence in the sector's maturation.
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SandwichTrader
· 9h ago
BitGo rises 25% on its first day of trading, and some still remain optimistic about the infrastructure sector.
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GamefiEscapeArtist
· 9h ago
BitGo rises 25% on its first day of trading? Institutions are really starting to take it seriously. However, how long these infrastructure projects can last still depends on future performance.
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BoredStaker
· 9h ago
BitGo rises 25% on its first day of trading? To be honest, institutional entry has indeed changed the game, but how long this wave of popularity can be sustained is the real point of interest.
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SerRugResistant
· 9h ago
BitGo has broken below the price? A 25% increase isn't much; the key is whether it can hold up in the future. Institutional confidence remains confidence, but let's see what happens in a real bear market.
BitGo's shares opened significantly strong on their first trading day, jumping 25% above the IPO price right out of the gate. The crypto custody and wallet infrastructure firm, backed by several major investors, successfully closed a $212.8 million fundraising round through the US public offering. The first-day pop signals solid investor appetite for established players in the digital asset infrastructure space, reflecting growing institutional confidence in the sector's maturation.