#BullishIPO Bullish IPO rides momentum from Trump’s new stablecoin law.

Two heavyweight firms, BlackRock and ARK Investment Management, stepped in with interest to buy up to $200 million worth of shares between them. That figure came straight from the company’s latest SEC filings. It’s still unclear how much either firm actually bought, but the interest was official.

This public debut wasn’t the original game plan. Bullish first tried to go public in 2021 through a SPAC merger that would’ve given it a $9 billion valuation. That attempt fell through in 2022, and the deal never progressed.