#BullishIPO Bullish Company Captures Attention in 2025 with Successful Listing on the New York Stock Exchange! 🚀
Bullish filed a confidential IPO application with the SEC in June, targeting an initial offering of 20.3 million shares at a price of $28-31, then expanded to 30 million shares at a price of $32-33, raising its valuation to about $4.8 billion 💰. Despite a loss of $349 million in the first quarter of 2025, support from major institutions like JPMorgan, BlackRock, and Cathie Wood from ARK highlights market confidence in the company.
The offering raised $1.1 billion at a final price of $37 per share, exceeding expectations, with BLSH shares rising by 89% at listing 📈. Bullish is not just an exchange but also owns the media platform CoinDesk, giving it a unique position in the digital currency market.
The focus is currently on institutional clients and supporting trading in digital assets with an average daily trading volume of $2.6 billion.
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