BlockBeats news, on August 11, the initial public offering (IPO) of the cryptocurrency trading platform Bullish was oversubscribed after scaling up. (Bloomberg Terminal)
BlockBeats previously reported that the cryptocurrency trading platform Bullish, supported by Peter Thiel, has expanded the size of its initial public offering (IPO), now targeting a valuation of up to $4.82 billion. This is a significant increase from last week's target of $4.2 billion. The new plan involves selling 30 million shares at a price of $32 to $33 per share. At the highest price point, Bullish could raise approximately $990 million, an increase from earlier plans (selling 20.3 million shares at $28 to $31 per share). (Reuters)