BULLISH IPO WITH STABLECOINS: A HISTORIC FIRST

🔹 BULLISH IPO = $1.15 BILLION IN STABLECOINS — For the first time in U.S. history, an IPO has been fully settled using stablecoins.

🔹 MAINLY ON SOLANA — Leveraging fast speeds and low costs for minting and settlement.

🔹 HANDLED BY JEFFERIES, CUSTODIED BY COINBASE — A combination of Wall Street expertise and trusted crypto custody.

🔹 STABLECOINS USED — Including USDC, EURC, PayPal USD, Ripple USD, Paxos stablecoins, and others.

Bullish exchange was launched in July 2021 by Block.one, the company behind the controversial EOS ICO, which raised over $4 billion during 2017–2018.

Block.one initially provided Bullish with $100M in cash, 164,000 BTC, 20M EOS tokens, and $300M in investments from major names such as Peter Thiel and Mike Novogratz.