#BullishIPO Bullish, the cryptocurrency exchange that also owns CoinDesk, is targeting an IPO aiming to raise $629 million with a valuation of $4.2 billion.

They are not alone… Major players like BitGo and Grayscale are in line, while Kraken and OKX are also rumored to join the IPO race.

The question is: Will Bullish's success trigger a chain reaction of cryptocurrency IPOs and open the door for many other blockchain giants to go public?