Bullish IPO Soars, Targets $4.82 Billion Valuation with Expanded Offering

Cryptocurrency exchange Bullish is increasing its initial public offering (IPO) size to reach a valuation of up to $4.82 billion. This strategic move involves selling 30 million shares at a price range of $32 to $33 each, signaling increased confidence in the platform’s regulatory standing. BlackRock and ARK are among the key investors interested in Bullish’s IPO, with plans to purchase $200 million worth of shares. This reflects growing institutional interest in regulated crypto trading, as Bullish lists under the ticker ‘FLY.’