#BullishIPO 💥The IPO of Bullish – the cryptocurrency exchange backed by mogul Peter Thiel – has created a significant milestone, with a valuation of up to 5.4 billion USD. This company successfully raised 1.11 billion USD by selling 30 million shares, each priced at 37 USD, far exceeding the initial expectation of 32-33 USD.
The launch event on the NYSE under the ticker 'BLSH' not only shook the market but also sent a clear signal: traditional financial giants like BlackRock and ARK are not just watching but are also heavily investing up to 200 million USD in shares.
Leading this grand IPO is the trio of prestigious underwriters JPMorgan, Jefferies, and Citigroup – a clear testament that, in the world of cryptocurrency, there is still room for traditional Wall Street 'giants'. Perhaps this is the time for the traditional financial market to see cryptocurrency not as the 'wild child' anymore, but as a sought-after newcomer on the investment table!🤑
