#BullishIPO Bullish debuts on the New York Stock Exchange!

The cryptocurrency platform Bullish, backed by PayPal co-founder Peter Thiel, has made an impressive debut on the New York Stock Exchange (NYSE). The initial public offering (IPO) exceeded expectations, raising $1.1 billion at a price of $37 per share, above the anticipated range of $32 to $33.

The company now has a valuation of $5.4 billion, establishing itself as a powerhouse in the crypto market. Its strategy of focusing on institutional investors and the acquisition of CoinDesk have contributed to its strong position.