#BullishlPo

What was the IPO of Bullish?

On August 13, 2025, the Bullish platform conducted its IPO on the New York Stock Exchange (NYSE) under the symbol BLSH, with an initial price of US$ 37 per share, and expanded the offering to 30 million shares due to strong demand, reaching a valuation of US$ 5.4 billion.

The IPO was oversubscribed by about 20 times, a clear sign of great market interest.

On the first day of trading, the shares opened at US$ 90, representing a jump of 143% above the IPO price, reaching as high as US$ 118, and closed at US$ 68, resulting in an intraday gain of 83%.

Sources such as 24/7 Wall St. estimate that, after this jump, the market value of the company reached about US$ 15 billion, with a rise of 176% on the first day.

Data from Rockflow also indicates that it opened at US$ 102.44, with a projected market value close to US$ 15 billion, then retreating to US$ 90.12, with a market capitalization of about US$ 13.16 billion.