Shares of crypto custodian BitGo experienced a decline after its initial public offering. According to reports, the company's valuation has fallen below its IPO price on its second day of trading. The company had an initial valuation of approximately $2 billion upon going public on Thursday. The development reflects the volatile nature of the cryptocurrency market and its impact on related businesses.

Shares of crypto custodian BitGo experienced a decline after its initial public offering. According to reports, the company's valuation has fallen below its IPO price on its second day of trading. The company had an initial valuation of approximately $2 billion upon going public on Thursday. The development reflects the volatile nature of the cryptocurrency market and its impact on related businesses.