#BullishIPO
🔗Bullish IPO: a new wave for the crypto market
The Bullish crypto exchange went public on the New York Stock Exchange (NYSE) and immediately showed a cosmic start.
📈 IPO price — $37
🔥 On the first day — a jump to $118 (+218%)
🔒 Closing the day at $68 (+83% before the start)
The company raised $1.1 billion and received a valuation of over $5.4 billion. This is not only a record for Bullish itself, but also a strong signal for institutions: the crypto market is becoming more and more attractive for large players.
👉 Why is this important:
• Institutional investors are actively entering crypto.
• Bullish's success may push other exchanges to IPO (Gemini is already on the way).
• The trend towards legalization and transparency of crypto companies is only intensifying.
❓ What do you think: is this a long-term trend or a short-term hype?