🚀 Bullish Set to Raise $629M in NYSE IPO — Is This the Crypto Market’s Next Big Break?
Crypto giant Bullish, backed by billionaire Peter Thiel, is making headlines with its bold move: a $629 million IPO on the New York Stock Exchange. The company plans to offer 20.3 million shares at $28–$31 each, targeting a massive $4.2 billion valuation under the ticker “BLSH”.
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🔥 Why Everyone’s Watching
This isn’t just another IPO — it’s a defining moment for crypto. With major players like BlackRock and ARK Invest already showing interest worth $200 million, Bullish is positioned to bridge Wall Street and blockchain like never before.
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🧠 Quick Breakdown
📌 Who’s Bullish?
A next-gen crypto exchange combining blockchain transparency with traditional finance muscle. Acquired CoinDesk in 2023.
📌 Why Now?
Fresh off a $100M+ Q2 profit and holding $3B+ in BTC, ETH & stablecoins, Bullish is striking while the iron’s hot.
📌 IPO Details:
Includes an optional 3.04M extra shares, with top-tier underwriters like J.P. Morgan, Jefferies, and Citi backing the deal.
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📊 What This Means for the Market
✅ Legitimizes crypto exchanges
✅ Attracts big institutional capital
✅ Builds public investor trust
✅ Signals confidence in a market comeback
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🎯 Final Word
Bullish isn’t just launching an IPO — it’s making a power play for global credibility. If successful, this could ignite the next bull run and reshape how the world interacts with digital assets.
