#BullishIPO On August 4, 2025, Bullish officially filed with the U.S. SEC, aiming to raise $629.3 million via offering 20.3 million shares at $28–$31 each, targeting a valuation of up to $4.23 billion

The Economic Times

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A later update indicates an upsized offering: 30 million shares at $32–$33, with IPO proceeds nearing $990 million, valuing Bullish around $4.8 billion. Notably, institutional investors like BlackRock and ARK Invest committed $200 million in support