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Crypto Platform Bullish Shares Debut Above $100, More Than Doubling IPO Price
“Bullish's $1.1 billion IPO raise reflects growing institutional confidence in the crypto exchange sector, driven by a favorable regulatory environment under the Trump administration and Bitcoin's surge past $100,000,” said Ryan Lee, chief analyst at Bitget Research.
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Bullish stock soars on IPO day
It's been a busy year for crypto-related stock listings. Bullish, founded in 2021 and backed by Peter Thiel, is the latest.
ARK bought around 2.5 million shares—worth roughly $172 million at the close—across three exchange-traded funds.
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Bullish’s stock is still rallying, as the IPO market refuses to take a summer break this year
August is typically a quiet month for IPOs, but this year, Bullish, Figma and Firefly Aerospace have ignited the new-issues ...
Bullish IPO raises $1.1B, signals crypto comeback with CoinDesk acquisition and strong institutional interest.
Bullish, the cryptocurrency exchange operator and parent company of CoinDesk, has successfully raised $1.11 billion in its ...
After the collapse of crypto exchange FTX in 2022, many institutional investors retreated from the digital asset market.
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