by: xpoolPosted on:

Bullish IPO: $1.1B Raise in Stablecoins Marks Historic Shift in Finance

On August 14, 2025, Bullish, a cryptocurrency exchange backed by Peter Thiel, made history with its groundbreaking $1.15 billion IPO entirely in stablecoins. This unprecedented move marked the first U.S. public listing settled without traditional cash. Shares debuted on the New York Stock Exchange (NYSE) under ticker BLSH and surged as high as $118 before closing at $68 — an 83% gain within one day. The surprising use of stablecoins instead of traditional funding sources fueled a historic IPO.

Related posts:

  1. Bullish Exchange Soars to $13.2 Billion Valuation After Successful NYSE IPO
  2. Wall Street Takes the Plunge: First IPO Uses Entirely Stablecoin Settlement
  3. Bullish Secures $1.15B in IPO Funding Using Stablecoins
  4. Peter Thiel-Backed Bullish Raises $1.15 Billion Using Stablecoins in Historic US IPO