#BullishIPO Happened on August 13, 2025, not on August 16. Bullish's shares were offered in an initial public offering on the New York Stock Exchange (NYSE) at a price of $37 per share, reflecting a market value of $5.4 billion. The stock saw a significant rise on its first trading day, reaching $100 before settling at $71.25, making it one of the best-performing IPOs in the cryptocurrency sector for 2025.
*Key information about #BullishIPO:*
- *Offering Price*: $37 per share
- *Market Value*: $5.4 billion
- *Funds Raised*: $1.1 billion
- *Supporting Companies*: Peter Thiel, BlackRock, and ARK
- *Trading*: New York Stock Exchange (NYSE) under the symbol "BLSH"
*Market Impact:*
- *Strong Institutional Demand*: The IPO saw strong demand from institutional investors, reflecting increasing confidence in the cryptocurrency sector.
- *Trading Success*: Bullish shares rose by 90% on the first trading day, making it one of the best-performing IPOs in the cryptocurrency sector.
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