YZi Labs announces that it has strategically invested in BitGo
YZi Labs officially announced on X that it has participated in the strategic investment allocation for BitGo (NYSE:BTGO) IPO, betting on compliance custody and other "key infrastructure".
BitGo listed on the New York Stock Exchange, with an initial surge of over 20%
On January 22, Web3 investment firm Jsquare's portfolio company BitGo (NYSE: BTGO) went public on the New York Stock Exchange, with an opening price of about $22.43, and at one point, the increase exceeded 20%, closing above the issue price.
Joanna Liang, Founding Partner of Jsquare, stated that BitGo's strong performance validates institutional confidence in the long-term value of the compliance custody sector. She pointed out that as a Web3 fund with Asian roots, Jsquare is committed to serving as a bridge connecting Eastern and Western capital, accurately identifying and allocating industry core assets like BitGo globally. $BNB
