#BullishIPO Bullish, a cryptocurrency exchange operator and media company, recently went public on the New York Stock Exchange (NYSE) under the stock symbol "BLSH". Here are the key details about the Bullish IPO ¹ ²:

- *IPO Date*: August 13, 2025

- *IPO Price*: $37 per share, above the initial target range of $32-$33

- *Shares Offered*: 30 million shares

- *Raise*: $1.1 billion

- *Valuation*: Approximately $5.4 billion pre-IPO, surging to around $13 billion after the first day of trading

The stock had a remarkable debut, surging as high as 218% to an intraday high of $118. By the end of the first trading day, Bullish shares closed at $68, giving the company a market capitalization of roughly $13 billion. Some notable backers of Bullish include ¹ ² ³:

- *Peter Thiel*, co-founder of PayPal and Palantir

- *Founders Fund*

- *Thiel Capital*

- *Nomura*

- *Mike Novogratz*

- *Brendan Blumer*, CEO of Block.one

*Key Trading Details:*

- *First Trade*: $90

- *First-Day High*: $118

- *Current Price* (as of August 15, 2025): $69.54

*Brokers Offering IPO Access:*

- *TradeStation*: $500 minimum account balance

- *Moomoo*: $100 minimum

- *Robinhood*

- *Webull*

- *Fidelity*: meeting minimum eligibility requirements ($500k+ account)

- *SoFi Invest*

Bullish operates as a regulated, full-reserve exchange, combining traditional central limit order book (CLOB) with automated market making (AMM). The company also owns CoinDesk, a prominent crypto publication ¹.