#BullishIPO #BullishIPO

The IPO of Bullish, the cryptocurrency exchange backed by Peter Thiel, marks an important milestone with a valuation of $5.4 billion, raising $1.11 billion from 30 million shares at $37 per share, exceeding the expected $32-33. This event, taking place on the NYSE under the ticker 'BLSH,' reflects strong confidence from investors, particularly from major institutions like BlackRock and ARK, committing to purchase $200 million worth of shares. The IPO is led by JPMorgan, Jefferies, and Citigroup, emphasizing the acceptance of traditional finance.