Bullish, the crypto exchange that owns CoinDesk, has filed for an IPO aiming to raise up to $629 million at a $4.2 billion valuation. This comes as multiple crypto firms seek to go public amid the market rally. Industry majors including BitGo, Grayscale have filed for IPOs as well, while exchanges Kraken and OKX are also in talks to follow suit.

💬This could signal a new wave of crypto IPOs and further institutional adoption. Will the success of crypto IPOs like Bullish pave the way for more blockchain companies to go public?

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