Crypto Exchange Bullish Valued at $13.2 Billion After NYSE Debut, Outperforms eToro — TradingView News
Cryptocurrency exchange Bullish made a stunning Wall Street debut yesterday (Wednesday), with shares more than doubling to give the company a nearly $13.2 billion valuation and mint two new crypto billionaires in the process.
Crypto Exchange Bullish Soars in Blockbuster NYSE Debut
The company’s stock opened at $90 and climbed as high as $118 before settling at $68 – an 84% gain from its $37 IPO price. The debut marked one of the year’s most successful public offerings and signals growing mainstream acceptance of digital assets.
Bullish raised $1.1 billion in the offering after pricing shares above its already-raised range of $32-$33. The company had initially targeted a more conservative valuation but investor demand forced underwriters to…
