BitGo Stock Plunges Below IPO Price on Second Day of Trading – Decrypt

Jan 23, 2026 - 21:30
BitGo Stock Plunges Below IPO Price on Second Day of Trading – Decrypt
In brief BitGo shares dropped nearly 22% on the second trading day after Thursday’s IPO debut raised over $212 million. The crypto custody provider’s opening price exceeded its $15-$17 marketed range at a roughly $2 billion valuation. A Kraken-linked blank check company is preparing its own IPO with 25 million shares at $10 each. Crypto...

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