#BullishIPO The IPO of Bullish, a cryptocurrency exchange backed by Peter Thiel, debuted on August 13, 2025, on the New York Stock Exchange with the ticker BLSH.

🔑 Key Points:

IPO Price: Launched at $37 per share, above the expected range.

Funding: Raised $1.1 billion, with an initial valuation of $5.4 billion.

Explosive debut:

Opened near $90

Reached a peak of $118

Closed around $68 (+84% vs. IPO price).

Institutional support: BlackRock, ARK Invest, and JPMorgan participated, showing strong market confidence.

Market impact: Its success sparked enthusiasm for new IPOs in the crypto and tech sectors.

📊 Why is it trending?

The hashtag on Twitter, Reddit, and TikTok reflects:

Investor euphoria over the initial rises.

The idea that the hot IPO season is back. Optimism towards crypto and fintech on Wall Street.

👉 In summary: = the hype around Bullish's stock market debut, with explosive gains and a potential ripple effect on other cryptocurrency IPOs.