#BullishIPO Bullish, a cryptocurrency exchange and owner of CoinDesk, backed by Peter Thiel, officially went public on the New York Stock Exchange under the ticker BLSH. The IPO was priced at $37 per share, above its initial $32–$33 range .

The offering raised approximately $1.1 billion, valuing the company around $5.4–$5.6 billion .

On its debut trading day:

Bullish stock opened at around $90, spiked to $118 intraday, and closed at $68 .

Some sources reported an even more dramatic surge, with valuations climbing to $13.16 billion, though that reflects peak intraday levels$BNB