#Crypto
Markets Surge as Bullish Files for IPO, Société Générale to Launch Stablecoin
1. Peter Thiel-backed exchange Bullish has confidentially filed for a U.S. IPO, aiming to capitalize on renewed investor interest under pro-crypto policies—Jefferies is leading the deal.
2. The broader cryptocurrency market rallied ahead of U.S. inflation data: Bitcoin is holding above \$109,600, Ethereum is near \$2,800, and several altcoins have surged up to 8%, reflecting strong macro optimism.
3. French bank Société Générale will launch its own dollar-pegged stablecoin, "USD CoinVertible," on Ethereum and Solana in July, signaling increased mainstream financial involvement in crypto.
