#BullishIPO Bullish, a cryptocurrency exchange backed by Peter Thiel, recently went public with a highly successful IPO. Here are the key details¹ ²:
- *IPO Price*: $37 per share, raising $1.1 billion and valuing the company at $5.41 billion
- *Listing Date*: August 13, 2025, on the New York Stock Exchange (NYSE) under the ticker symbol BLSH
- *Post-IPO Performance*: Shares surged over 90% in the first day of trading, reaching as high as $118 and valuing the company at over $10 billion
- *Market Capitalization*: Currently around $10.17 billion
- *Revenue*: $250.11 billion in 2024, with a net income of $78.53 million
The strong demand for Bullish's IPO reflects the growing interest in cryptocurrency and digital assets. Other notable crypto companies that have filed for IPOs or are expected to follow suit include³:
- *Grayscale*: Manages over $33 billion in assets and has confidentially filed for an IPO
- **Gemini