BitGo IPO: The Year's First Crypto IPO, Day 2
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BitGo has gone public in the year's first crypto initial public offering, raising $212.8 million. The company's shares experienced a modest increase on the first day of trading, but then declined sharply on the second day, paring back initial gains. BitGo debuted with a valuation of $2.59 billion, amid expectations of a strong year for initial public offerings.
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