#BullishIPO A New Era for Crypto on Wall Street

That's right Bullish the owner of Coindesk! ๐Ÿช™

The Bullish IPO just shook markets. Backed by Peter Thiel, the exchange raised $1.1B at $37/share, then exploded to over $118 on debut before cooling near $68, valuing it above $10B.

๐Ÿค‘ ๐Ÿ’ฐ

This isnโ€™t an isolated winโ€”firms like Circle (USDC issuer) and others are lining up their own IPOs as regulatory clarity (e.g. the Genius Act) restores institutional confidence.

Why it matters:

Big finance is back โ†’ BlackRock, ARK Invest, and other institutions joined the party.

Crypto Winter is over? โ†’ IPOs show markets see real, sustainable value in crypto infrastructure.

More listings ahead โ†’ Exchanges, stablecoin issuers, and Web3 firms are preparing their Wall Street debuts.

๐Ÿ‘‰ Bullish may be the first spark in a wave of crypto IPOs. The question isโ€”will they sustain this momentum, or are we seeing early-stage hype?