BitGo's staking business has locked in a value of approximately $50 billion, accounting for about half of its custodial assets of over $100 billion

According to The Block, according to BitGo's latest calculations, its staking business has locked in a value of nearly $50 billion, accounting for about half of its custodial assets of over $100 billion. BitGo plans to go public through an initial public offering (IPO) as early as the second quarter of 2025. BitGo's valuation during its $100 million financing period in 2023 is $1.75 billion. During the market downturn in 2022, BitGo was almost acquired by the listed company Galaxy Digital, but the plan fell through.