BUZZ-Wells Fargo initiates Bitgo at 'overweight' on growing crypto custody adoption

Reuters

02/17

BUZZ-<a href="https://laohu8.com/S/EOD">Wells Fargo</a> initiates Bitgo at 'overweight' on growing crypto custody adoption

** Wells Fargo initiates coverage of crypto custody firm Bitgo BTGO.N with "overweight" rating; sets PT of $13

** Says adoption of crypto by large financial institutions (FIs) is still in the early innings and BTGO has first-mover advantage with strong compliance protocols

** Given its strong emphasis on secure storage, BTGO has developed strong partnerships with FIs, crypto providers and tech platforms - Wells Fargo

** Adds that while BTGO is not immune to crypto volatility, it is more insulated than most

** Including session's moves, BTGO down 55.6% since its debut on January 22

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

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sets PT of $13</p><p>** Says adoption of crypto by large financial institutions (FIs) is still in the early innings and BTGO has first-mover advantage with strong compliance protocols</p><p>** Given its strong emphasis on secure storage, BTGO has developed strong partnerships with FIs, crypto providers and tech platforms - Wells Fargo</p><p>** Adds that while BTGO is not immune to crypto volatility, it is more insulated than most</p><p>** Including session's moves, BTGO down 55.6% since its debut on January 22</p><p>(Reporting by Pragyan Kalita in Bengaluru)</p><p>((Pragyan.Kalita@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Wells Fargo initiates Bitgo at 'overweight' on growing crypto custody adoption</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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sets PT of $13</p><p>** Says adoption of crypto by large financial institutions (FIs) is still in the early innings and BTGO has first-mover advantage with strong compliance protocols</p><p>** Given its strong emphasis on secure storage, BTGO has developed strong partnerships with FIs, crypto providers and tech platforms - Wells Fargo</p><p>** Adds that while BTGO is not immune to crypto volatility, it is more insulated than most</p><p>** Including session's moves, BTGO down 55.6% since its debut on January 22</p><p>(Reporting by Pragyan Kalita in Bengaluru)</p><p>((Pragyan.Kalita@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTGO","symbol_name":"BitGo Holdings, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260217:nL4N3ZD19E:1","article_id":"2612659854","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612659854","pubTimestamp":1771343872,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Wells Fargo initiates Bitgo at 'overweight' on growing crypto custody adoption** Wells Fargo initiates coverage of crypto custody firm Bitgo BTGO.N with \"overweight\" rating; sets PT of $13** Says adoption of crypto by large financial institutions  is still in the early innings and BTGO has first-mover advantage with strong compliance protocols** Given its strong emphasis on secure storage, BTGO has developed strong partnerships with FIs, crypto providers and tech platforms - Wells Fargo** Adds that while BTGO is not immune to crypto volatility, it is more insulated than most** Including session's moves, BTGO down 55.6% since its debut on January 22","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTGO":"BitGo Holdings, Inc.","BK4127":"投资银行业与经纪业"},"translate_title":"BUZZ-富国银行因加密货币托管采用率不断提高而“增持”Bitgo","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTGO":0.9},"content_text":"BUZZ-Wells Fargo initiates Bitgo at 'overweight' on growing crypto custody adoption** Wells Fargo initiates coverage of crypto custody firm Bitgo BTGO.N with \"overweight\" rating; sets PT of $13** Says adoption of crypto by large financial institutions (FIs) is still in the early innings and BTGO has first-mover advantage with strong compliance protocols** Given its strong emphasis on secure storage, BTGO has developed strong partnerships with FIs, crypto providers and tech platforms - Wells Fargo** Adds that while BTGO is not immune to crypto volatility, it is more insulated than most** Including session's moves, BTGO down 55.6% since its debut on January 22(Reporting by Pragyan Kalita in Bengaluru)((Pragyan.Kalita@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":true,"code":"91000000","status":"200"}}}