A crypto custody firm now sits comfortably in the upper half of the Fortune 500. BitGo Holdings, the institutional digital asset infrastructure provider that went public in January, landed at No. 273 on the 2026 Fortune 500 list, marking its first appearance on the annual ranking of America’s largest companies by revenue.
The placement is built on roughly $16.1 billion to $16.2 billion in fiscal year 2025 revenue. For a firm that started as a multi-signature wallet provider in 2013, that’s quite the glow-up.
From IPO to Fortune 500 in under a year
BitGo completed its initial public offering on January 22, 2026, listing on the NYSE under the ticker BTGO. Shares were priced at $18 apiece, raising approximately $213 million and valuing the company at over $2 billion at debut.
Shares surged roughly 25% following the offering, which was widely noted as the first major public listing of a digital asset infrastructure company in 2026.
The revenue engine behind the ranking
BitGo’s first-quarter 2026 results offer a window into what’s fueling the company’s growth. The firm reported $3.8 billion in Q1 revenue, representing a 112.6% increase year over year.
A significant chunk of that momentum came from a new derivatives offering that BitGo launched during the quarter. The product generated an estimated $3 billion in notional volume.
The company’s service portfolio now spans wallet management, staking, trading, and financing, delivered to institutional clients across more than 100 countries.
Founded in Palo Alto, California, BitGo has spent over a decade building its reputation as the plumbing behind institutional crypto. The company’s multi-signature security technology became an industry standard early on, and it has steadily layered on services that transform it from a pure custody play into something closer to a full-stack financial services provider for digital assets.
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