#BullishIPO
The initial public offering of Bullish has revolutionized 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 stock price at $37, raising $1.1 billion and achieving a market valuation of $5.4 billion. The offering, which saw demand outstrip 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 rising to $118 - more than tripling the initial public offering price. Bullish's offering signals a new era: regulatory clarity, institutional interest, and legal pathways for cryptocurrency companies to access public markets.
