Bullish Exchange soars 150% on NYSE Debut, Reaches $13.2 Billion Valuation

Cryptocurrency exchange operator Bullish experienced a meteoric rise in value during its Wall Street debut, hitting a valuation of approximately $13.16 billion Wednesday after shares surged more than double their IPO price. The company’s successful public offering marks a major milestone in the cryptocurrency market and indicates potential opportunities for other firms looking to list on U.S. exchanges. Bullish targets institutional clients rather than retail traders, a strategy that differentiates it from competitors like Coinbase.