🚀 The Bullish exchange, backed by Peter Thiel, listing on the NYSE with a stock increase of more than 150% from the IPO price — this is a powerful signal for the market. Such demand shows that traditional investors are increasingly confident in crypto-oriented businesses and are ready to consider them as part of their portfolio.
💡 For me, this demonstrates two key trends:
1️⃣ Institutional appetite: capital from traditional markets is seeking access to crypto through understandable instruments — public stocks, rather than just tokens. This lowers the entry barriers for large players.
2️⃣ Retail interest: the hype around such IPOs resonates among private investors, who perceive this as a 'safer way' to invest in crypto infrastructure without direct exposure to volatile coins.
Therefore, the appetite from both institutional and retail investors for 'crypto-adjacent' assets is now evidently high. This could serve as a catalyst for market expansion, where exchanges and infrastructure companies will play an increasingly significant role.