bitcoin
BitGo Targets Nearly $2 Billion Valuation As It Prepares For IPO In The US
📰 sources⭐ 6.0
TL;DR:
Crypto custody firm BitGo announced on Monday that it aims for a valuation of up to $1. 96 billion in its upcoming initial public offering (IPO) in the United States, amid major interest by these firms to trade in public markets.
Key Points:
Background:
Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.
Why It Matters:
This development could influence UNI price action and market sentiment in the near term.