Moomoo Expands Retail Access to the BitGo IPO with Broad Subscriber Participation
Rhea-AI Summary
moomoo (FUTU) expanded retail access to the BitGo IPO (NYSE: BTGO) on Jan 23, 2026, with moomoo representing just under 10% of the total offering. Subscribers requested $647.6 million in BitGo shares—more than three times the total offering—and 100% of moomoo subscribers who requested shares received at least one share, highlighting strong retail demand and broader IPO access for individual investors.
The platform emphasized research tools including moomoo AI and said allocations were executed with focus on preparation and transparency.
Positive
- Represented ~10% of the BitGo IPO offering
- Subscribers requested $647.6M in BitGo shares
- All requesting subscribers received at least one share
Negative
- None.
News Market Reaction
On the day this news was published, FUTU declined 0.22%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
FUTU fell 2.39% while several Capital Markets peers also declined, including TW, LPLA, EVR, and HLI, suggesting today’s weakness has a sector component despite JEF trading higher.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 01 | Marketing campaign | Neutral | +0.6% | NYC Q4 earnings-season OOH campaign targeting 3.4M daily commuters. |
| Nov 20 | Geographic expansion | Positive | -7.3% | Opening first Canadian Moomoo Experience Store in Toronto’s Yorkville. |
| Nov 18 | Earnings results | Positive | -0.5% | Q3 2025 results with strong YoY revenue and non-GAAP net income growth. |
| Nov 18 | Earnings results | Positive | -0.5% | Detailed Q3 2025 financials and new share repurchase authorization. |
| Nov 11 | Industry award | Positive | -0.6% | Winning Benzinga Chairman’s Award for Canada’s Best U.S. stock platform. |
Recent history shows multiple positive operational and earnings updates followed by flat-to-negative 24h price reactions, suggesting a tendency for the stock to sell off or underreact on good news.
This announcement highlights Moomoo’s role in distributing the BitGo IPO and expanding retail IPO access, continuing a pattern of platform- and brand-building initiatives. In late 2025, FUTU reported strong Q3 growth with revenue up 86.3% YoY and significant gains in net income and client assets, yet shares reacted modestly or negatively. Moomoo also expanded geographically with a Canadian experience store and won a Benzinga platform award, plus a large NYC advertising campaign, underscoring a strategy of global expansion and marketing-driven user growth.
Market Pulse Summary
This announcement highlights moomoo’s growing role in high-profile IPO distribution, with subscribers committing $647.6M and obtaining 100% allocation for those requesting BitGo shares. It reinforces a strategy centered on retail access to competitive offerings and AI-enabled research tools. In context of strong recent financial growth and geographic expansion, key factors to monitor include ongoing IPO pipeline participation, user growth trends, and how increased activity in crypto and digital assets impacts overall trading volumes and profitability.
Key Terms
initial public offering (ipo) financial
ipo financial
etfs financial
finra/sipc regulatory
AI-generated analysis. Not financial advice.
JERSEY CITY, N.J., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform, announced expanded retail access to the Initial Public Offering (IPO) of BitGo (NYSE: BTGO)—the first crypto IPO of 2026—with moomoo accounting for just under
BitGo is one of the most closely watched digital asset companies to enter the public markets, and its debut reflects renewed investor interest in the crypto and digital assets sector. For years, retail participation in IPOs has been constrained by limited access. Moomoo is working to change that dynamic by expanding retail participation in high-demand offerings and providing subscribers who requested shares with a more consistent path to allocation. This approach builds on prior subscriber participation by moomoo subscribers in offerings such as Bullish, Figure, and Gemini.
“We are pleased to work with moomoo on our IPO and to make shares available to a broad base of investors,” said Mike Belshe, CEO of BitGo. “Through our partnership with moomoo, we’re expanding access to public market opportunities, which aligns with the ongoing evolution of digital assets, where broader investor participation has been a core principle from the start.”
In addition to IPO access, moomoo provides comprehensive research and analytical resources to support informed investment decisions. The platform offers a robust suite of tools, including moomoo AI*, an intelligent investing assistant that delivers professional-grade insights across equities, ETFs, and IPO candidates. Powered by moomoo’s extensive data ecosystem, moomoo AI helps users analyze market trends, financial metrics, and broader macro signals related to new listings.
“Participating in the BitGo IPO reflects our focus on expanding access to meaningful investment opportunities for our subscribers,” said Neil McDonald, CEO of moomoo US. “For this offering, we focused on preparation, transparency, and execution to help users participate with confidence as the IPO market begins to reopen.”
*Moomoo AI is an AI tool provided by Moomoo Technologies Inc. (“MTI”). The tool is powered by widely used, publicly available AI solutions. The tool’s output should not be considered investment advice or a recommendation to buy or sell or hold a security and should not be used as the basis of any investment decision. MTI and its affiliates make no representations or warranties with respect to the accuracy, completeness, quality, or timeliness of Moomoo AI’s output.
*Investing involves risk and the potential to lose principal. Initial Public Offerings (IPOs) can be risky and speculative investments and may not be appropriate for every investor. Moomoo does not offer investment recommendations or professional advice. All decisions to subscribe to New Issue offerings are made at investor's own risk. Allocation amount and method are subject to change. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC.
About Moomoo
Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
Founded in the U.S., moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by more than 27 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.
For more information, please visit moomoo's official website at www.moomoo.com
Media Contact
Forefront Communications for Moomoo
moomoo@forefrontcomms.com