#BullishIPO The Bullish IPO was a significant success, debuting on the New York Stock Exchange (NYSE) under the ticker symbol "BLSH" on August 13, 2025. Here are the key highlights ¹ ²:
- *IPO Details*:
- *Price*: $37 per share, above the initial range of $32-$33
- *Shares Offered*: 30 million
- *Valuation*: $5.4 billion
- *Market Performance*:
- *First-Day High*: $118, representing a 218% gain from the IPO price
- *First-Day Close*: $68
- *Trading Volume*: 38 million shares
- *Investor Interest*:
- *Oversubscription*: 20 times oversubscribed, indicating strong demand
- *Institutional Backing*: Backed by prominent investors like Peter Thiel, Mike Novogratz, and Alan Howard
The successful IPO has sparked interest in other crypto companies potentially going public, with Kraken and Gemini also exploring similar options ².