🚨 Bullish IPO Soars: Peter Thiel-Backed Crypto Exchange Makes a Spectacular NYSE Debut!

🌐 Today marks a major milestone for the crypto industry. Bullish, the cryptocurrency exchange operator that owns CoinDesk, begins trading on the NYSE under the ticker BLSH after raising $1.11B from the sale of 30 million shares—oversubscribed 20x!

🔑 Key highlights:

🔸 Valuation: $5.41B

🔸 IPO sold at $37 per share, above the initial range of $32–$33

🔸 Institutional backing: BlackRock and ARK Invest planning to buy up to $200M in shares

🔸 Services: Spot trading, futures, derivatives, plus a media arm via CoinDesk

📢 Founded by former NYSE president Tom Farley and backed by billionaire Peter Thiel, Bullish’s debut demonstrates:

✅ Strong investor demand for crypto-adjacent stocks despite market volatility

✅ The growing influence of institutional players in digital assets

✅ A potential blueprint for other blockchain firms seeking public market exposure in 2025

📊 This IPO is more than a fundraising event—it signals crypto’s rising legitimacy and the expanding bridge between traditional finance and digital assets.

🔥 Bullish is more than a company—it’s a movement. Are you watching closely?

#Crypto #IPO #Blockchain #DigitalAssets #NYSE

https://coingape.com/bullish-ipo-peter-thiel-backed-exchange-debuts-on-nyse/?utm_source=bnb&utm_medium=coingape