#BullishIPO The initial public offering (IPO) of Bullish, a cryptocurrency exchange platform, marked a spectacular success in August 2025. This IPO, extremely 'bullish', raised approximately $1.1 billion, with a price set at $37 per share, well above initial expectations. Upon its launch on the New York Stock Exchange, the stock surged by 143% to nearly $118, before a slight correction.
This performance valued Bullish at up to $13.2 billion, attracting renowned institutional investors such as BlackRock and Cathie Wood's Ark Invest, who invested hundreds of millions of dollars. Supported by influential figures like Peter Thiel, the company positions itself as a key player in integrating decentralized finance with centralized technologies.
This IPO reflects the dynamic recovery of technology and crypto IPOs in 2025, a sign of renewed optimism and interest in these sectors in the public markets.