Bullish (BLSH) Sensational IPO

Bullish, the crypto exchange platform backed by Peter Thiel and the owner of CoinDesk, debuted on the NYSE. The stock price initially rose from $37 to $90, reaching a peak of $118, and then closed at $68. The following morning's increase was around 11%.

According to Reuters, at its peak, Bullish's market capitalization surpassed approximately $13.16 billion, up more than 150% from the IPO price—equivalent to an initial valuation of around $5.4 billion with fundraising of $1.11 billion.

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