Crypto Funding Soars: Bullish IPO Hits $1.1 Billion, DeFi & Tech Fuels Investment Wave

The crypto funding market is experiencing a resurgence, with nearly $1.5 billion poured into 18 projects over the past week. A major highlight was Bullish’s successful IPO on the NYSE, raising $1.1 billion and valuing the exchange at $5.4 billion. This comes after Bullish’s successful SPAC merger in 2022, now backed by prominent investors like JPMorgan, Jefferies, and Citigroup. The influx of capital also saw deals for infrastructure providers, cybersecurity firms, and payments gateways.