🚀💥 Bullish (BLSH) Soars +218% in NYSE Debut — Crypto Takes Over Wall Street!
Bullish (NYSE: BLSH) — the Peter Thiel-backed institutional crypto exchange & owner of 📰 CoinDesk — just made one of the most explosive IPO debuts in Wall Street history.
📊 IPO Highlights:
💲 Price: $37 (above $32–$33 range)
🚀 Open: $90
📈 High: $118 (+218% from IPO price)
🏁 Close: ~$70 (+85% from IPO price)
💰 Funds Raised: $1.1 B
🏦 Market Cap: $13 B+
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🔥 Why Did BLSH Moon?
1️⃣ 💼 Big Money Backing – BlackRock, ARK Invest, Galaxy Digital & Founders Fund fueled demand.
2️⃣ 📜 Favorable Regulations – Clarity in U.S. crypto laws + bullish $BTC market momentum.
3️⃣ 🏦 Institutional Focus – Targets hedge funds & quant traders, not just retail.
4️⃣ 📰 Media Leverage – Owns CoinDesk, giving it both market presence & narrative control.
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🌍 Impact & What It Means
⚡ Crypto Legitimacy: Shows Wall Street is warming up to blockchain-based businesses.
🏦 IPO Domino Effect: Could trigger more crypto firms to go public.
⚠️ Volatility Alert: Price swings likely — not for the faint-hearted.
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💡 Final Take:
BLSH’s Wall Street takeover proves crypto isn’t just knocking on the door anymore — it’s inside the boardroom 🏛️🚀