News
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.
2don MSN
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.
The company plans to sell 30 million shares at a price of $32 to $33 a share versus the previous range of $28 to $31.
After the collapse of crypto exchange FTX in 2022, many institutional investors retreated from the digital asset market.
Bullish IPO raises $1.1B, signals crypto comeback with CoinDesk acquisition and strong institutional interest.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback