BitGo posts $4.3B in Q2 revenue, up nearly 80% year over year

Nasdaq-listed crypto custody firm BitGo (BTGO) posted $4.3 billion in second-quarter revenue, a net loss of $19 million and an adjusted EBITDA loss of $4.2 million, The Block reported. Revenue rose 79.6% from a year earlier, with strength in crypto-related business segments and increased stablecoin trading cited as factors.