#BullishIPO
Bullish's IPO ignites crypto’s Wall Street breakthrough. Backed by Peter Thiel and led by ex-NYSE president Tom Farley, Bullish priced its shares at $37 and raised $1.1 billion, securing a valuation of $5.4 billion. The offering, oversubscribed and supported by major players such as BlackRock and ARK, demonstrated insatiable demand. When trading began on the NYSE under ticker BLSH, shares soared—opening near $90 and spiking as high as $118—more than tripling the IPO price. Bullish’s debut signals a new era: regulatory clarity, institutional buy-in, and legitimized pathways for crypto firms to tap public markets.