#BullishIPO , which also owns the CoinDesk platform, is aiming for an initial public offering (IPO) with the goal of raising 629 million USD at a valuation of 4.2 billion USD.

Bullish is not alone... Big names like BitGo and Grayscale are also joining the IPO race, while rumors suggest that Kraken and OKX may also participate in the IPO race.

The question is: will Bullish's success be a catalyst for a series of IPOs in the cryptocurrency space and open the door for even more large blockchain companies to go public?