Bullish IPO Soars: Cryptocurrency Exchange Makes Wall Street Debut

Bullish, a cryptocurrency exchange backed by prominent investors like Peter Thiel, saw its shares surge over 80% during its highly successful NYSE debut. The company raised $1.1 billion in the initial public offering (IPO), exceeding expectations and attracting significant interest from institutional players including Cathie Wood’s ARK Invest. Bullish priced its IPO at $37 per share with an upsize, launching on the NYSE after securing a strong reception for its listing.