BitGo Stock Surges 25% After NYSE Debut Amid Crypto Infrastructure Bets
Shares of BitGo, a crypto custodian, experienced a significant surge in its opening trades on the NYSE. According to reports, the company's stock gained 25% after its initial public offering was priced at $18 per share on Wednesday. The positive market reaction suggests investor confidence in the underlying infrastructure supporting the cryptocurrency ecosystem. The development highlights growing interest in companies providing essential services for the digital asset market.
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