Cryptocurrency exchange Bullish experienced a meteoric rise during its debut on the New York Stock Exchange, with shares surging an astonishing 218% above their initial IPO price. Trading under the ticker BLSH, the company’s stock reached $118 intraday before settling at a remarkable high of $118. This dramatic surge in value highlights investor confidence in the cryptocurrency exchange and its potential to impact market trends within the sector. Founded by tech investor Peter Thiel, Bullish boasts a robust market cap that soared from $5.4 billion to nearly $13 billion following this impressive debut. This reflects the growing interest investors hold for companies operating in the crypto space.