Peter Thiel-backed crypto company Bullish confidentially files for IPO amid surge in crypto IPOs under Trump | Business News
Cryptocurrency exchange operator Bullish confidentially filed for an IPO in recent weeks, the Financial Times reported, citing people familiar with the matter. This report comes a week after rival Gemini shared a similar announcement. Bullish, backed by PayPal co-founder and venture capitalist Peter Thiel, aims to tap into rising investor interest in cryptocurrencies under the Trump administration, according to the report.
A confidential IPO filing with the US markets regulator, the Securities and Exchange Commission (SEC), enables a company to take their listing plans forward before revealing their financials closer to the actual fundraising period. To be sure, Bullish attempted to go public in 2021 through a special purpose acquisition…
