BitGo

FTX, the bankrupt crypto exchange, is set to begin another round of creditor repayments on September 30, 2025, after repaying nearly $6.2 billion. Former CEO Sam Bankman-Fried has been sentenced to 25 years in prison for fraud and conspiracy. The upcoming payments will be distributed via BitGo, Kraken, and Payoneer, with the disputed claim reserve reduced to $4.3 billion.

BitGo has filed for its IPO on the NYSE under ticker BTGO, projecting over $4 billion in revenue for the first half of 2025 and managing $90 billion in crypto assets. Despite a drop in net income, the company shows strong growth and plans to use IPO funds for tech improvements and acquisitions.