Crypto custody leader BitGo has revealed a staggering jump in revenue, nearly quadrupling in the first half of 2025, as it files for a U.S. initial public offering (IPO). The move positions the firm as one of the most significant crypto companies to step into public markets this year. The California-based firm disclosed in its […]Crypto custody leader BitGo has revealed a staggering jump in revenue, nearly quadrupling in the first half of 2025, as it files for a U.S. initial public offering (IPO). The move positions the firm as one of the most significant crypto companies to step into public markets this year. The California-based firm disclosed in its […]
BitGo’s Bold Leap: Fourfold Revenue Surge Fuels IPO Ambitions
2025/09/20 11:17
Crypto custody leader BitGo has revealed a staggering jump in revenue, nearly quadrupling in the first half of 2025, as it files for a U.S. initial public offering (IPO). The move positions the firm as one of the most significant crypto companies to step into public markets this year. The California-based firm disclosed in its […]
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Shibarium May No Longer Turbocharge Shiba Inu Price Rally, Here’s Reason
The post Shibarium May No Longer Turbocharge Shiba Inu Price Rally, Here’s Reason appeared on BitcoinEthereumNews.com. Shibarium, the layer-2 blockchain of the Shiba Inu (SHIB) ecosystem, is battling to stay active. Shibarium has slipped from hitting transaction milestones to struggling to record any transactions on its platform, a development that could severely impact SHIB. Shibarium transactions crash from millions to near zero As per Shibariumscan data, the total daily transactions on Shibarium as of Sept. 16 stood at 11,600. This volume of transactions reflects how low the transaction count has dropped for the L2, whose daily average ranged between 3.5 million and 4 million last month. However, in the last week of August, daily transaction volume on Shibarium lost momentum, slipping from 1.3 million to 9,590 as of Aug. 28. This pattern has lingered for much of September, with the highest peak so far being on Sept. 5, when it posted 1.26 million transactions. The low user engagement has greatly affected the transaction count in recent days. In addition, the security breach over the weekend by malicious attackers on Shibarium has probably worsened issues. Although developer Kaal Dhairya reassured the community that the attack to steal millions of BONE tokens was successfully prevented, users’ confidence appears shaken. This has also impacted the price outlook for Shiba Inu, the ecosystem’s native token. Following reports of the malicious attack on Shibarium, SHIB dipped immediately into the red zone. Unlike on previous occasions where investors accumulated on the dip, market participants did not flock to Shiba Inu. Shiba Inu price struggles, can burn mechanism help? With the current near-zero crash in transaction volume for Shibarium, SHIB’s price cannot depend on it to support a rally. It might take a while to rebuild user confidence and for transactions to pick up again. In the meantime, Shiba Inu might have to rely on other means to boost prices from its low levels. This…
Share
BitcoinEthereumNews2025/09/18 07:57
Share
SEC Approves Generic Listing Standards Clearing Path For Crypto ETPs
The United States Securities and Exchange Commission has just made it easier for fund issuers to list crypto exchange-traded products.
Share
CryptoPotato2025/09/18 14:45
Share
Moonshot MAGAX vs Shiba Inu: The AI-Powered Meme-to-Earn Revolution Challenging a Meme Coin Giant
Discover how Moonshot MAGAX’s AI-powered meme-to-earn platform outpaces Shiba Inu with innovative tokenomics and growth potential in 2025.
Share
Blockchainreporter2025/09/18 03:15
Share