PANews reported on September 20th that cryptocurrency custodian BitGo, in its US initial public offering (IPO) filing filed on Friday, reported a near-quadruple increase in revenue for the first half of 2025. In the six months ending June 30th, BitGo reported profit of $12.6 million on $4.19 billion in revenue, compared to $30.9 million in profit and $1.12 billion in revenue in the same period last year. BitGo plans to list on the New York Stock Exchange under the ticker symbol "BTGO." Goldman Sachs and Citigroup are the lead underwriters for the offering.PANews reported on September 20th that cryptocurrency custodian BitGo, in its US initial public offering (IPO) filing filed on Friday, reported a near-quadruple increase in revenue for the first half of 2025. In the six months ending June 30th, BitGo reported profit of $12.6 million on $4.19 billion in revenue, compared to $30.9 million in profit and $1.12 billion in revenue in the same period last year. BitGo plans to list on the New York Stock Exchange under the ticker symbol "BTGO." Goldman Sachs and Citigroup are the lead underwriters for the offering.

Crypto custody company BitGo disclosed in its IPO filing that its first-half revenue was $4.19 billion, a nearly fourfold increase year-on-year.

2025/09/20 08:57

PANews reported on September 20th that cryptocurrency custodian BitGo, in its US initial public offering (IPO) filing filed on Friday, reported a near-quadruple increase in revenue for the first half of 2025. In the six months ending June 30th, BitGo reported profit of $12.6 million on $4.19 billion in revenue, compared to $30.9 million in profit and $1.12 billion in revenue in the same period last year. BitGo plans to list on the New York Stock Exchange under the ticker symbol "BTGO." Goldman Sachs and Citigroup are the lead underwriters for the offering.

ข้อจำกัดความรับผิดชอบ: บทความที่โพสต์ซ้ำในไซต์นี้มาจากแพลตฟอร์มสาธารณะและมีไว้เพื่อจุดประสงค์ในการให้ข้อมูลเท่านั้น ซึ่งไม่ได้สะท้อนถึงมุมมองของ MEXC แต่อย่างใด ลิขสิทธิ์ทั้งหมดยังคงเป็นของผู้เขียนดั้งเดิม หากคุณเชื่อว่าเนื้อหาใดละเมิดสิทธิของบุคคลที่สาม โปรดติดต่อ service@mexc.com เพื่อลบออก MEXC ไม่รับประกันความถูกต้อง ความสมบูรณ์ หรือความทันเวลาของเนื้อหาใดๆ และไม่รับผิดชอบต่อการดำเนินการใดๆ ที่เกิดขึ้นตามข้อมูลที่ให้มา เนื้อหานี้ไม่ถือเป็นคำแนะนำทางการเงิน กฎหมาย หรือคำแนะนำจากผู้เชี่ยวชาญอื่นๆ และไม่ถือว่าเป็นคำแนะนำหรือการรับรองจาก MEXC
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Shibarium May No Longer Turbocharge Shiba Inu Price Rally, Here’s Reason

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…
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BitcoinEthereumNews2025/09/18 07:57
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