BitGo IPO Prices at $18 With $647.6M Retail Subscriptions and 10% Moomoo Allocation
BitGo priced its initial public offering of 11.82 million Class A shares at $18 each, granting underwriters a 30-day option to buy up to 1.77 million additional shares. Moomoo investors subscribed $647.6 million—over three times the offering—with moomoo accounting for just under 10% of total shares.
1. Moomoo Drives Record Retail Demand for BitGo IPO
Moomoo subscribers placed aggregate orders totaling $647.6 million for BitGo shares, more than three times the size of the total offering, with the platform securing just under 10 percent of the allocation. Every subscriber who applied received at least one share, a stark contrast to typical oversubscribed offerings that leave many retail investors empty-handed. This full allocation underscores Moomoo’s increasing influence in democratizing access to high-profile IPOs, as evidenced by prior retail participation in Bullish, Figure and Gemini listings. The platform’s integrated research tools and moomoo AI have played a key role in preparing investors for this landmark debut.
2. Bitget Launches BTGO Tokenized Stock on Its UEX Platform
Bitget has listed BTGO as a tokenized stock on its Universal Exchange, enabling users to trade BitGo exposure without brokerage accounts or geographic restrictions. The move expands Bitget’s US stock section and integrates BTGO into a single account environment alongside over 100 tokenized equities. Bitget commands 89 percent market share for Ondo’s tokenized stocks and has extended its zero-fee trading promotion through April, reinforcing its leadership in on-chain TradFi access. By merging digital assets and real-world instruments, Bitget deepens liquidity for BTGO and offers crypto-native investors a seamless trading experience.
3. BitGo’s IPO Pricing and Institutional Syndicate
BitGo sold 11,821,595 shares of Class A common stock in its public offering, of which 11,026,365 were newly issued and 795,230 were sold by existing shareholders. The company granted underwriters a 30-day option to purchase up to 1,770,000 additional shares to cover overallotments. The deal was led by Goldman Sachs and Citigroup, with Deutsche Bank Securities, Mizuho, Wells Fargo Securities and others serving as book-running managers and a group of co-managers supporting distribution. Trading commenced on January 22, 2026, on a major U.S. exchange, with closing expected January 23, subject to customary conditions.