#BullishIPO
The initial public offering of Bullish launched a revolution in the cryptocurrency market on Wall Street. Backed by Peter Thiel and led by Tom Farley, the former president of the New York Stock Exchange, Bullish set its share price at $37, raising $1.1 billion and achieving a market capitalization of $5.4 billion. The offering, which saw demand exceed supply and was supported by major firms like BlackRock and ARK, demonstrated insatiable interest. As trading began on the New York Stock Exchange under the ticker BLSH, the company's shares surged sharply - opening near $90 and then climbing to $118 - more than tripling the initial public offering price. Bullish's IPO signals a new era: regulatory clarity, institutional interest, and legal pathways for cryptocurrency companies to tap into public markets.