BitGo is aiming for a valuation of up to $1.96 billion in its upcoming IPO, looking to raise $201 million by selling shares priced between $15 and $17. The move comes as the IPO market shows signs of recovery, with increased interest from institutional investors in digital assets.

Cantor Fitzgerald's $2 billion Bitcoin-backed lending arm has completed its first deals, marking a significant step in the integration of cryptocurrency into traditional finance. The firm aims to leverage its established financial infrastructure to facilitate crypto loans and attract institutional investors. This move reflects growing confidence in the cryptocurrency market and its potential for mainstream financial services.