BitGo Shines on NYSE Debut
On January 23, leading Web3 investment firm Jsquare announced that its portfolio company BitGo has successfully listed on the New York Stock Exchange under the ticker NYSE: BTGO. The stock opened at approximately $22.43 and surged over 20% during trading, closing above its IPO price in a strong market performance.
Institutional Confidence on the Rise
Joanna Liang, Founding Partner at Jsquare, stated that BitGo's impressive debut reaffirms the market's belief in the long-term potential of compliant digital asset custody. She highlighted Jsquare's mission to serve as a bridge between Eastern and Western capital, while identifying and investing in key global Web3 assets.
Promising Outlook for the Future
- BitGo’s public listing marks a major milestone in gaining mainstream financial recognition.
- The compliant custody sector is increasingly viewed as critical infrastructure in the digital asset ecosystem.
- Jsquare continues to seek high-quality Web3 opportunities to drive industry innovation.
This milestone not only unlocks new growth avenues for BitGo but also energizes the broader compliant digital asset sector.