#IPOWave
Bullish, the crypto exchange platform that owns CoinDesk, has filed for an initial public offering (IPO) seeking to raise up to $629 million, with an estimated valuation of $4.2 billion. This initiative is part of a trend where several crypto companies are looking to go public, driven by the market recovery. Major players in the sector like BitGo and Grayscale have also filed for IPOs, while platforms Kraken and OKX are in discussions to do the same.
đŹ This could herald a new wave of crypto IPOs and increased institutional adoption. Will the success of companies like Bullish in IPO pave the way for other blockchain firms to go public?
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