#BullishIPO BULLISH STOCKS INCREASE OVER 100% ON THE NYSE MARKET IMMEDIATELY AFTER THE 1.1 BILLION DOLLAR IPO**
🔹 The cryptocurrency exchange Bullish raised 1.1 billion dollars in the IPO at a price of 37 dollars per share, valuing the company at 5.4 billion dollars before trading began.
🔹 The stock opened at 90 dollars and was temporarily halted near 102.44 dollars.
🔹 Led by former NYSE Chairman Tom Farley and backed by billionaire Peter Thiel, Bullish targets institutional investors, combining DeFi with the safety of a centralized model.
🔹 Launched in 2021, Bullish has handled trading volumes of up to 1.25 trillion dollars and owns the media company CoinDesk.
🔹 The majority of Bullish users are investment funds, financial institutions, and market makers.