Bullish Inc. Sets Up $4.82 Billion IPO, Signaling Crypto Market Optimism

Bullish Inc.’s upcoming initial public offering (IPO) has been upsized to an impressive $4.82 billion valuation. This significant increase signals growing investor confidence in the cryptocurrency market. The company intends to list on the New York Stock Exchange (NYSE) under ticker BLSH, with plans to offer 30 million shares priced between $32 and $33 each. This upsized offering has attracted interest from prominent investment firms like BlackRock and Ark Investment Management, suggesting a potential shift in valuations and investment dynamics within the crypto space.