Bullish Uses Stablecoins for $1.15 Billion IPO Settlement, A First for US Firms

In a groundbreaking move, Bullish Inc., the first U.S. company to list on the NYSE (BLSH), has settled its initial public offering using stablecoins. This landmark transaction totals $1.15 billion and marks a significant milestone in blockchain integration within traditional finance. The Solana network played a key role in facilitating this innovative process, showcasing the transformative potential of blockchain technology.