Oh, what a delightful day for the crypto clowns! Bitgo Holdings Inc., the cryptocurrency custody firm that’s about as trustworthy as a snake oil salesman, has snuck into the Securities and Exchange Commission (SEC) with a draft registration statement for an initial public offering (IPO) of its Class A common stock.
Imagine that, Bitgo joining the likes of Circle Internet Financial Ltd., Grayscale Investments, and Gemini Trust Co. LLC in the grand public market circus! It’s like watching a bunch of monkeys trying to solve a Rubik’s cube. The number of shares and their price range? Who knows? It’s all as clear as mud. The offering will roll out after the SEC gives it the thumbs up, assuming the market doesn’t throw a tantrum. Bitgo, in its infinite wisdom, reminds us that this isn’t an offer to sell securities—because, you know, they’re just playing with fire, not actually setting the house ablaze. 🔥
So, buckle up, folks! It’s going to be a wild ride. 🎢
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2025-07-21 16:57