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