#IPOWave
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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