Bullish Aims to Take Crypto Exchange Public After Circle’s Success

Cryptocurrency exchange Bullish has reportedly resurrected its plans to go public.

The company has confidentiality filed paperwork for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), according to a Wednesday (June 11) Financial Times (FT) report citing two sources familiar with the matter.

PYMNTS has contacted Bullish for comment but has not yet gotten a reply.

Bullish tried to go public in 2021 via a merger with special purpose acquisition company (SPAC) Fair Peak. However, the two firms called off the plan due to regulatory hurdles in late 2022.

But that was under a different administration. With crypto-friendly President Donald Trump in office, investors have grown much more enthusiastic…

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