Bullish Raises IPO Price to $37 Per Share, Signaling Strong Institutional Demand

Bullish’s initial public offering (IPO) price has been raised to $37 per share, reflecting a surge in institutional interest for cryptocurrency investments. This decision signifies the company’s strong market position and potential for growth. A valuation exceeding $5 billion is attributed to this increased demand, surpassing earlier estimates. 2021’s successful Coinbase IPO serves as a precedent for the anticipated impact on crypto markets.