Odaily Planet Daily News CoinDesk's parent company Bullish has recently submitted a confidential initial public offering (IPO) application to U.S. regulators, aiming to list on the New York Stock Exchange (NYSE) under the ticker 'BLSH' if all goes well. However, disclosed documents indicate that the company may be facing financial adjustments, reporting a net loss of $348.6 million for the three months ending March 31, 2025, in stark contrast to a profit of $104.8 million in the same period last year. Nevertheless, the exchange's leadership remains optimistic, emphasizing its mission to promote the adoption of stablecoins, digital assets, and blockchain technology. Since its establishment, the exchange's total trading volume has reached $12.5 trillion, with an average daily trading volume of $2.5 billion in the first quarter of 2025. (Crowdfundinsider)