BitGo ch&iacute;nh th&#7913;c m&#7903; m&agrave;n cho l&#7883;ch IPO l&#297;nh v&#7921;c crypto n&#259;m 2026, v&#7899;i k&#7871; ho&#7841;ch ni&ecirc;m y&#7871;t tr&ecirc;n S&#7903; Giao d&#7883;ch Ch&#7913;ng kho&aacute;n New York (NYSE), tr&#7903; th&agrave;nh m&#7897;t trong nh&#7919;ng &#273;&#7907;t l&ecirc;n s&agrave;n t&agrave;i s&#7843;n s&#7889; l&#7899;n &#273;&#7847;u ti&ecirc;n c&#7911;a n&#259;m.
&#272;i&#7873;u n&agrave;y cho th&#7845;y d&ograve;ng v&#7889;n t&#7915; c&aacute;c t&#7893; ch&#7913;c t&agrave;i ch&iacute;nh &#273;&atilde; quay tr&#7903; l&#7841;i l&#297;nh v&#7921;c n&agrave;y, d&ugrave; v&#7851;n c&ograve;n c&oacute; s&#7921; ch&#7885;n l&#7885;c k&#7929; l&#432;&#7905;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-bitgo-opens-crypto-s-2026-ipo-window-with-a-custody-first-bet">BitGo m&#7903; ra c&#417; h&#7897;i IPO cho l&#297;nh v&#7921;c crypto v&agrave;o n&#259;m 2026 v&#7899;i chi&#7871;n l&#432;&#7907;c &#432;u ti&ecirc;n l&#432;u k&yacute;</h2>

C&ocirc;ng ty h&#7841; t&#7847;ng t&agrave;i s&#7843;n s&#7889; c&oacute; tr&#7909; s&#7903; t&#7841;i Palo Alto <a href="https://www.sec.gov/Archives/edgar/data/1740604/000162828026001756/bitgoholdingsincs-1a4.htm?referrer=grok.com" target="_blank" rel="noreferrer noopener nofollow">&#273;&atilde; ch&#7889;t</a> gi&aacute; ph&aacute;t h&agrave;nh cho IPO &#7903; m&#7913;c 18 USD m&#7895;i c&#7893; phi&#7871;u &ndash; cao h&#417;n d&#7921; ki&#7871;n ban &#273;&#7847;u l&agrave; t&#7915; 15 &#273;&#7871;n 17 USD. &#272;i&#7873;u n&agrave;y t&#432;&#417;ng &#273;&#432;&#417;ng m&#7913;c &#273;&#7883;nh gi&aacute; g&#7847;n 2.1 t&#7927; USD.
Gi&aacute; ch&agrave;o b&aacute;n v&#432;&#7907;t m&#7913;c d&#7921; ki&#7871;n cho th&#7845;y s&#7921; l&#7841;c quan trong b&#7889;i c&#7843;nh th&#7883; tr&#432;&#7901;ng v&#7851;n c&ograve;n th&#7853;n tr&#7885;ng. Giao d&#7883;ch c&#7893; phi&#7871;u BTGO s&#7869; b&#7855;t &#273;&#7847;u v&agrave;o ng&agrave;y 22/01/2026, sau khi <a href="https://www.businesswire.com/news/home/20260121850585/en/BitGo-Holdings-Announces-Pricing-of-Initial-Public-Offering" target="_blank" rel="noreferrer noopener nofollow">c&ocirc;ng b&#7889; gi&aacute; IPO</a> m&#7897;t ng&agrave;y tr&#432;&#7899;c &#273;&oacute;.
&#272;&#7907;t ph&aacute;t h&agrave;nh n&agrave;y &#273;&atilde; gi&uacute;p BitGo huy &#273;&#7897;ng kho&#7843;ng 213 tri&#7879;u USD, trong &#273;&oacute; bao g&#7891;m c&#7843; c&#7893; phi&#7871;u ph&aacute;t h&agrave;nh m&#7899;i v&agrave; c&#7893; phi&#7871;u do m&#7897;t s&#7889; c&#7893; &#273;&ocirc;ng hi&#7879;n h&#7919;u b&aacute;n ra.
Kh&aacute;c v&#7899;i <a href="https://vn.beincrypto.com/circle-ipo-raises-targets-success-plasma/" target="_blank" rel="noreferrer noopener">c&aacute;c &#273;&#7907;t IPO crypto tr&#432;&#7899;c &#273;&acirc;y</a> ch&#7911; y&#7871;u t&#7853;p trung &#7903; s&agrave;n giao d&#7883;ch v&agrave; th&#432;&#7901;ng b&#7883; &#7843;nh h&#432;&#7903;ng b&#7903;i nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; t&#7841;o bi&#7871;n &#273;&#7897;ng, BitGo l&#7841;i h&#432;&#7899;ng &#273;&#7871;n nh&agrave; &#273;&#7847;u t&#432; c&ocirc;ng ch&uacute;ng d&#432;&#7899;i g&oacute;c &#273;&#7897; l&agrave; c&ocirc;ng ty v&#7873; gi&#7843;i ph&aacute;p l&#432;u k&yacute;, tu&acirc;n th&#7911; ph&aacute;p l&yacute; v&agrave; h&#7841; t&#7847;ng.
Th&agrave;nh l&#7853;p n&#259;m 2013, BitGo ho&#7841;t &#273;&#7897;ng nh&#432; m&#7897;t t&#7893; ch&#7913;c l&#432;u k&yacute; &#273;&#7911; &#273;i&#7873;u ki&#7879;n ph&#7909;c v&#7909; cho kh&aacute;ch h&agrave;ng doanh nghi&#7879;p v&agrave; t&#7893; ch&#7913;c. C&ocirc;ng ty cung c&#7845;p c&aacute;c d&#7883;ch v&#7909; nh&#432; l&#432;u k&yacute; t&agrave;i s&#7843;n s&#7889;, v&iacute; &#273;i&#7879;n t&#7917;, cho vay, staking, cung c&#7845;p thanh kho&#7843;n v&agrave; gi&#7843;i ph&aacute;p h&#7841; t&#7847;ng cho stablecoin c&ugrave;ng c&aacute;c &#7913;ng d&#7909;ng crypto.
T&iacute;nh &#273;&#7871;n ng&agrave;y 30/09/2025, BitGo <a href="https://www.sec.gov/Archives/edgar/data/1740604/000162828026001756/bitgoholdingsincs-1a4.htm" target="_blank" rel="noreferrer noopener nofollow">&#273;&atilde; ph&#7909;c v&#7909;</a> h&#417;n 4,900 kh&aacute;ch h&agrave;ng, c&ugrave;ng 1.1 tri&#7879;u ng&#432;&#7901;i d&ugrave;ng &#7903; h&#417;n 100 qu&#7889;c gia. C&ocirc;ng ty c&#361;ng h&#7895; tr&#7907; h&#417;n 1,550 t&agrave;i s&#7843;n s&#7889; v&agrave; qu&#7843;n l&yacute; kho&#7843;ng 104 t&#7927; USD t&agrave;i s&#7843;n tr&ecirc;n n&#7873;n t&#7843;ng.
Kh&aacute;ch h&agrave;ng c&#7911;a BitGo bao g&#7891;m c&aacute;c t&#7893; ch&#7913;c t&agrave;i ch&iacute;nh, t&#7853;p &#273;o&agrave;n, n&#7873;n t&#7843;ng c&ocirc;ng ngh&#7879;, c&#417; quan ch&iacute;nh ph&#7911; v&agrave; c&aacute;c c&aacute; nh&acirc;n c&oacute; t&agrave;i s&#7843;n l&#7899;n. &#272;&acirc;y l&agrave; nh&oacute;m <a href="https://vn.beincrypto.com/jefferies-drops-bitcoin-quantum-computing-us-crypto-news/" target="_blank" rel="noreferrer noopener">ng&agrave;y c&agrave;ng ch&uacute; tr&#7885;ng y&#7871;u t&#7889; an to&agrave;n</a>, minh b&#7841;ch v&#7873; ph&aacute;p l&yacute; v&agrave; kh&#7843; n&#259;ng c&acirc;n &#273;&#7889;i t&agrave;i ch&iacute;nh v&#7919;ng m&#7841;nh.
Chi&#7871;n l&#432;&#7907;c n&agrave;y &#273;&#432;&#7907;c &#273;&aacute;nh gi&aacute; l&agrave; ph&ugrave; h&#7907;p v&#7899;i xu h&#432;&#7899;ng tr&ecirc;n th&#7883; tr&#432;&#7901;ng &#7903; th&#7901;i &#273;i&#7875;m hi&#7879;n t&#7841;i. Sau m&#7897;t n&#259;m 2024 &#273;&#7847;y bi&#7871;n &#273;&#7897;ng v&agrave; n&#259;m 2025 ph&#7909;c h&#7891;i ch&#432;a &#273;&#7891;ng &#273;&#7873;u, d&ograve;ng v&#7889;n l&#7841;i t&#7853;p trung v&agrave;o nh&#7919;ng c&ocirc;ng ty uy t&iacute;n, c&oacute; &#273;a d&#7841;ng ngu&#7891;n thu nh&#7853;p v&agrave; tu&acirc;n th&#7911; quy &#273;&#7883;nh &ndash; &#273;i&#7873;u m&agrave; c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch g&#7885;i l&agrave; &ldquo;chuy&#7875;n d&#7883;ch v&#7873; ch&#7845;t l&#432;&#7907;ng&rdquo; trong l&#297;nh v&#7921;c crypto, thay v&igrave; ch&#7841;y theo c&aacute;c m&ocirc; h&igrave;nh &#273;&#7847;u c&#417; d&#7921;a v&agrave;o giao d&#7883;ch.
&#272;&#7907;t IPO c&#7911;a BitGo do Goldman Sachs v&agrave; Citigroup d&#7851;n &#273;&#7847;u, c&ugrave;ng v&#7899;i s&#7921; tham gia c&#7911;a nhi&#7873;u ng&acirc;n h&agrave;ng l&#7899;n tr&ecirc;n th&#7871; gi&#7899;i, cho th&#7845;y s&#7921; &#7911;ng h&#7897; t&#7915; kh&#7889;i t&#7893; ch&#7913;c t&agrave;i ch&iacute;nh.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-why-bitgo-s-ipo-is-being-read-as-a-test-for-crypto-s-next-public-market-cycle">T&#7841;i sao IPO c&#7911;a BitGo &#273;&#432;&#7907;c xem l&agrave; ph&eacute;p th&#7917; cho chu k&#7923; l&ecirc;n s&agrave;n ti&#7871;p theo c&#7911;a th&#7883; tr&#432;&#7901;ng crypto</h2>

V&#7873; t&agrave;i ch&iacute;nh, con s&#7889; doanh thu c&#7911;a BitGo c&#7847;n &#273;&#432;&#7907;c nh&igrave;n nh&#7853;n c&#7849;n tr&#7885;ng. D&ugrave; ghi nh&#7853;n doanh thu t&#7893;ng &#7903; m&#7913;c h&agrave;ng t&#7927; USD nh&#7901; v&agrave;o kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch l&#7899;n, nh&#432;ng doanh thu th&#7921;c sau khi tr&#7915; chi ph&iacute; l&#7841;i kh&aacute; th&#7845;p.
&#272;&acirc;y l&agrave; &#273;&#7863;c &#273;i&#7875;m k&#7871; to&aacute;n ph&#7893; bi&#7871;n &#273;&#7889;i v&#7899;i c&aacute;c c&ocirc;ng ty cung c&#7845;p h&#7841; t&#7847;ng crypto. Tuy v&#7853;y, c&aacute;c nh&agrave; &#273;&#7847;u t&#432; <a href="https://www.cautiousoptimism.news/p/ipo-watch-ethos-and-bitgo-edition?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2c015c3f-7c91-46b4-9920-db534606e060_1585x471.png&amp;open=false" target="_blank" rel="noreferrer noopener nofollow">v&#7851;n &#273;&aacute;nh gi&aacute; cao</a> c&aacute;c t&iacute;n hi&#7879;u t&iacute;ch c&#7921;c b&ecirc;n d&#432;&#7899;i. &#272;&#417;n c&#7917;, m&#7843;ng doanh thu d&#7883;ch v&#7909; v&agrave; &#273;&#259;ng k&yacute; ghi nh&#7853;n m&#7913;c t&#259;ng tr&#432;&#7903;ng 56% m&#7895;i n&#259;m, &#273;&#7841;t 120.7 tri&#7879;u USD trong n&#259;m v&#7915;a qua.
IPO c&#7911;a BitGo di&#7877;n ra trong b&#7889;i c&#7843;nh th&#7883; tr&#432;&#7901;ng k&#7923; v&#7885;ng vi&#7879;c m&#7903; c&#7917;a tr&#7903; l&#7841;i c&#7911;a s&agrave;n ch&#7913;ng kho&aacute;n v&agrave;o n&#259;m 2026, &#273;&#7863;c bi&#7879;t d&agrave;nh cho kh&#7889;i fintech v&agrave; doanh nghi&#7879;p li&ecirc;n quan &#273;&#7871;n crypto.
<a href="https://vn.beincrypto.com/kraken-confidential-ipo-filing/" target="_blank" rel="noreferrer noopener">C&aacute;c c&ocirc;ng ty nh&#432; Kraken</a>, Revolut v&agrave; nhi&#7873;u t&ecirc;n tu&#7893;i kh&aacute;c c&#361;ng &#273;&#432;&#7907;c xem l&agrave; nh&#7919;ng c&aacute;i t&ecirc;n ti&#7873;m n&#259;ng n&#7871;u th&#7883; tr&#432;&#7901;ng &#7893;n &#273;&#7883;nh tr&#7903; l&#7841;i. Trong b&#7889;i c&#7843;nh &#273;&oacute;, s&#7921; th&agrave;nh c&ocirc;ng c&#7911;a BitGo &#273;&#432;&#7907;c xem l&agrave; ph&eacute;p th&#7917; quan tr&#7885;ng, cho th&#7845;y m&#7913;c &#273;&#7897; ch&#7845;p nh&#7853;n r&#7911;i ro t&#7915; c&aacute;c nh&agrave; &#273;&#7847;u t&#432; c&#7893; phi&#7871;u, c&#361;ng nh&#432; nh&#7919;ng &#273;i&#7873;u ki&#7879;n &#273;i k&egrave;m.
B&ecirc;n c&#7841;nh &#273;&oacute;, qu&#7929; &#273;&#7847;u t&#432; m&#7841;o hi&#7875;m Pantera Capital d&#7921; b&aacute;o n&#259;m 2026 s&#7869; tr&#7903; th&agrave;nh n&#259;m b&ugrave;ng n&#7893; IPO l&#7899;n nh&#7845;t c&#7911;a l&#297;nh v&#7921;c crypto t&#7915; tr&#432;&#7899;c &#273;&#7871;n nay. D&#7921; b&aacute;o n&agrave;y d&#7921;a tr&ecirc;n n&#7873;n t&#7843;ng t&#7915; n&#259;m 2025, v&#7889;n &#273;&atilde; c&oacute; nhi&#7873;u <a href="https://vn.beincrypto.com/musk-confirms-spacex-ipo-is-coming-says-he-wont-do-doge-again/" target="_blank" rel="noreferrer noopener">d&#7845;u hi&#7879;u kh&#7903;i s&#7855;c tr&ecirc;n th&#7883; tr&#432;&#7901;ng ch&#7913;ng kho&aacute;n</a>.
&#272;&agrave; ph&aacute;t tri&#7875;n tr&ecirc;n &#273;&atilde; ch&#7913;ng minh s&#7913;c h&uacute;t c&#7911;a c&aacute;c doanh nghi&#7879;p crypto, khi c&aacute;c y&#7871;u t&#7889; thu&#7853;n l&#7907;i &#273;ang ng&agrave;y c&agrave;ng g&oacute;p ph&#7847;n m&#7903; r&#7897;ng quy m&ocirc; h&#417;n n&#7919;a v&agrave;o n&#259;m 2026.

BitGo định giá IPO ở mức 18 USD mỗi cổ phiếu khi ra mắt trên NYSE, trở thành đợt niêm yết lớn đầu tiên của lĩnh vực crypto trong năm 2026