🚨 Bullish IPO Alert: Peter Thiel-Backed Crypto Exchange Eyes $629M Raise at $4.2B Valuation

📊 The crypto markets are heating up, and Bullish, the exchange backed by billionaire investor Peter Thiel, is making a big move.

🏛 In a newly filed SEC document, Bullish announced plans to raise up to $629 million through its upcoming IPO, offering 20.3M shares priced between $28–$31 each. The company will trade under the ticker “BLSH” on the NYSE.

🌐 Notably, BlackRock and Ark Invest have shown early interest in the offering, with potential commitments of up to $200M. Though not guaranteed, this kind of institutional backing underscores the growing confidence in crypto-native financial platforms.

📢 Underwritten by J.P. Morgan, Jefferies, and Citigroup, this IPO could mark a pivotal moment for crypto’s growing integration with traditional finance.

🔍 Will Bullish become the next big name in the public markets? Time will tell—but eyes are definitely on this one.

#IPO #Crypto #Web3 #ArkInvest #BlackRock

https://coingape.com/bullish-ipo-peter-thiel-backed-crypto-exchange-eyes-629m-raise/?utm_source=bnb&utm_medium=coingape