Bullish Raises IPO Target to $990 Million, Eyes $4.8 Billion NYSE Debut

Bullish, a crypto exchange operator backed by notable investors like Peter Thiel’s Founders Fund, has significantly increased its initial public offering target. It now aims for a valuation of $990 million, with plans to launch on the New York Stock Exchange (NYSE) and achieve a market capitalization of nearly $4.8 billion. This move comes as institutional interest in crypto assets continues to grow rapidly.