#BullishIPO BullishIPO How to Sell Air for $118

It happened. A new star has appeared on Wall Street, and it’s not another company producing vegan hot dogs, but the cryptocurrency exchange Bullish, which decided to prove that blockchain can not only drop by 80% but also evoke something like genuine enthusiasm in investors.

The IPO that was not supposed to happen, but did

Offering price? $37 per share. Total? Well, you know these IPOs, like discounts at the supermarket: they write one thing, but at the checkout, it turns out to be something entirely different. They opened at $90, soared to $118, and then, of course, reality knocked on the door and everything “modestly” settled somewhere around $68.