A leading provider of trust and security services for digital assets, BitGo, announced on Monday that it has confidentially filed for an initial public offering in the United States.

The move comes as cryptocurrency firms and fintech companies seek to capitalize on renewed investor confidence and surging market momentum.

The company did not disclose the number of shares to be offered or the expected price range for the IPO. The confidential filing allows BitGo to work with regulators and test the market waters without immediate public scrutiny.

The announcement coincides with a broader resurgence in the cryptocurrency sector, which recently surpassed a total market capitalization of $4 trillion. Industry analysts attribute the growth to a combination of improved regulatory clarity in major jurisdictions, increased institutional participation, and bullish sentiment across digital asset markets.

BitGo’s decision aligns with a wave of successful listings by high-growth, high-risk sector players, particularly in crypto and fintech, as capital markets activity picks up following months of sluggish performance.

Founded in 2013, BitGo provides institutional-grade custody, security, and liquidity solutions for digital assets. It is considered one of the industry’s most trusted custodians, serving exchanges, financial institutions, and crypto-native firms worldwide.