A new SEC filing has revealed more details about the Bullish IPO, with the Peter Thiel-backed crypto exchange looking to raise $629 million.
Meanwhile, Bullish also revealed its crypto holdings as of June 30, 2025. As part of its inventories, the crypto exchange holds stablecoins, Bitcoin, and Ethereum worth $231,870. Its intangible assets also include stablecoins, $BTC , and $ETH worth just over $1.9 million.