#BullishIPO
The market capitalization reaches 5.4 billion dollars. The stock experienced a significant rise on its first trading day, reaching 100 dollars before stabilizing at 71.25 dollars, making it one of the best performances of an IPO in the cryptocurrency sector for 2025
*Key information about #BullishIPO:*
- *Offer price*: 37 dollars per share
- *Market capitalization*: 5.4 billion dollars
- *Total funds raised*: 1.1 billion dollars
- *Supporting companies*: Peter Thiel, BlackRock, and ARK
- *Trading*: New York Stock Exchange (NYSE) under the symbol "BLSH"
*Market impact:*
- *Strong institutional demand*: The IPO saw strong demand from institutional investors, reflecting increased confidence in the cryptocurrency sector.