Crypto Exchange Bullish Targets $4.8B Valuation in Expanded IPO

Bullish, the cryptocurrency exchange backed by Peter Thiel, has raised the target size of its initial public offering (IPO), seeking to raise as much as $990 million and achieve a valuation of $4.8 billion.

In a revised filing with the U.S. Securities and Exchange Commission on Monday. The company indicated that it will sell 30 million shares priced between $32 and $33 each.#bullish