Peter Thiel-backed Bullish Files for US IPO, Seeking Capitalization Amid Crypto Surge

Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has submitted confidential paperwork to the SEC for an Initial Public Offering (IPO). The move follows a wave of crypto companies aiming to capitalize on renewed investor enthusiasm and a more favorable regulatory environment under the Trump administration. This shift is being seen as inspired by recent successes in the crypto IPO space, with Circle’s record-breaking debut last week exceeding expectations and inspiring Bullish’s own public listing plans.