๐ Bullish Makes History! $1.15B IPO in Stablecoins ๐ฐ
๐ฅ Headline: Bullish Raises $1.15B Fully in Stablecoins โ First Ever in Public Markets!
๐ Quick Take:
Peter Thiel-backed Bullish has set a financial milestone: raising $1.15B entirely in stablecoins like $USDC , RLUSD & $EUR on Solana. This is the first U.S.-listed IPO fully settled in crypto, showing blockchain + traditional finance = future of capital markets.
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๐ Key Highlights:
๐ธ All-Stablecoin Settlement:
Entire IPO proceeds in digital coins, safely held by Coinbase.
๐ Global Participation:
Major players like Circle, Paxos, Ripple, PayPal & Sociรฉtรฉ Gรฉnรฉrale onboard โ biggest trust signal yet!
๐ก๏ธ Regulatory Backing:
Thanks to the GENIUS Act, US-backed stablecoins gain legitimacy & clarity, boosting global adoption.
๐ Market Buzz:
Shares debuted 75% above IPO price at $37 โ strong investor confidence in crypto + traditional markets!
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๐ Why This Is HUGE:
Investors: Stablecoins can now handle billions, not just trading.
Market: Marks cryptoโs real integration into Wall Street.
Crypto Adoption: Institutional trust skyrockets โ crypto goes mainstream!
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๐ก Bottom Line:
Bullishโs IPO proves stablecoins arenโt just digital moneyโtheyโre reshaping global finance. This is a massive positive signal for crypto adoption, future IPOs, and institutional trust.
