In crypto news today, BitGo’s long-awaited IPO landed quietly but meaningfully on the New York Stock Exchange.

Priced at $18 per share and valuing the company at roughly $2.08 Bn, the listing makes BitGo the first crypto firm to go public in 2026. Shares briefly surged as much as 36% intraday before closing modestly higher, a telling response in a market that clearly wants more out of crypto.

(Source: X)

Founded in 2013, BitGo isn’t a trading platform or token issuer but instead important infrastructure for Web3. Custody, settlement, compliance. All the boring stuff investors now care about is actually whats trading well. Here’s what to know and a new crypto presale silently going parabolic:

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2026

Does BitGo Matter in a Post-Speculation Crypto Market? (What to Know)

(Source: TradingView)

Unlike many crypto IPOs that flamed out after listing – looking at you, President Donald Trump – BitGo arrived with profitability. The firm reported $35.3 Mn in net income across the first nine months of 2025 and recently secured conditional approval to convert its state trust charter into a national one.

All of this matters to institutions still constrained by regulation. Mike Belshe framed the IPO as a credibility milestone:

“As we take this next step into the public markets, we’re advancing the growth and resilience of the entire digital asset ecosystem.”-  Mike Belshe, CEO and co-founder, BitGo

BitGo Lets Tokenized Equity Go Live in Real Time

Within hours of the IPO, Ondo Finance tokenized BitGo shares on-chain, making them accessible via Solana, Ethereum, and BNB Chain. It’s one of the first real-time examples of a newly public US equity moving directly onto blockchain rails.

Pretty cool, huh? According to Ondo, the platform now holds over $466 Mn in total value locked and has processed $6.4 Bn in cumulative volume.

BitGo’s debut coincided with political tailwinds via the World Economic Forum. Speaking in Davos, Switzerland, Donald Trump doubled down on pro-crypto rhetoric:

“I’m working to ensure America remains the crypto capital of the world.” – Donald Trump, Davos address

CoinGecko data shows custody and infrastructure tokens outperforming speculative DeFi narratives year-to-date. Institutional flows tracked by Glassnode also suggest rising demand for regulated custodians over exchanges.

Are Crypto Presales Pumping Too? Is Maxi Doge The Next Shiba Inu?

With crypto IPOs back on the menu boys (anybody get that reference?), crypto presales are also about to break out in 2026. One of those is Maxi Doge (MAXI) , which aims to be the best pet-themed meme-coin of 2026.

The presale has already pulled in over $4.6M at a token price of $0.0002795, and the team is leaning hard into a mix of comedy and calculated incentives.

What Maxi Doge does best is be a meme with high memetic value. Moreover, about a quarter of the total supply for Maxi Doge is set aside for community rewards and partnerships with high-leverage trading platforms, giving MAXI a built-in engine for speculation and user engagement. Holders can also stake their tokens for triple-digit annual yields, over 100%.

It’s still a meme coin at heart, but MAXI’s structure shows it could be more. Keep an eye on this presale!

Visit MAXI Here

EXPLORE: King of The Decade? Analyst says Bitcoin Price Returns Will Beat Gold and Silver

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Key Takeaways

  • In crypto news today, BitGo’s long-awaited IPO landed quietly but meaningfully on the New York Stock Exchange. Priced at $18 per share.
  • About a quarter of the total supply for Maxi Doge is set aside for community rewards and partnerships. Keep an eye on this one.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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