BULLISH IPO WITH STABLECOINS: FIRST TIME IN HISTORY

🔹 BULLISH IPO = 1.15 BILLION USD IN STABLECOINS — For the first time in the U.S., an IPO is fully paid for in stablecoins.

🔹 MAINLY ON SOLANA — Fast network, low cost, used for minting and payments.

🔹 HANDLED BY JEFFERIES, CUSTODIED BY COINBASE — Combining Wall Street experience with the reliability of crypto custody.

🔹 STABLECOINS USED — Including USDC, EURC, PayPal USD, Ripple USD, Paxos stablecoins, and many others.

Bullish Exchange was launched in July 2021 by Block.one, the company behind the controversial EOS ICO, which raised over 4 billion USD during 2017–2018.

Block.one initially provided Bullish with 100 million USD in cash, 164,000 BTC, 20 million EOS tokens, along with 300 million USD in investments from major names like Peter Thiel and Mike Novogratz.