Crypto News and Headlines

BitGo and PicPay Go Public in 'Uncertain' Fintech IPO Market

Digital‑asset custodian BitGo and Brazilian payments firm PicPay launched their IPOs in January 2026, pricing shares at $18 and $19 respectively and raising $212.8 million and $434 million. Both stocks rose on debut but slipped in the days after as a partial U.S. government shutdown and broader macro uncertainty dampened investor sentiment. Renaissance Capital noted a 1.8% market decline after BitGo’s debut and a further 5.5% drop after PicPay’s. Analysts say demand for high‑quality fintech issuers remains despite the volatility.