Bullish Ready for IPO in the US, Aiming for Valuation of Rp 64 Trillion

Crypto exchange Bullish, backed by investor Peter Thiel, has submitted a plan for an initial public offering (IPO) in the US. The company is targeting a valuation of up to US $4.23 billion (~Rp 64 trillion) and plans to release 20.3 million shares at a price of US $28–31 per share. Underwriting leaders include J.P. Morgan, Jefferies, and Citigroup.

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