Peter Thiel-Backed Crypto Firm Bullish Secretly Files for U.S. IPO
Bullish Global, a crypto trading platform that is backed by billionaire Peter Thiel, has secretly applied for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). This move comes as more people want to invest in cryptocurrencies, especially with new policies under the leadership of President Donald Trump.
Bullish once tried to go public in 2021 but stopped due to market ups and downs. The company is led by Tom Farley, who used to run part of the New York Stock Exchange.
Bullish’s platform makes trading cryptos easy and manages about $10 billion in assets. It’s backed by big names like Thiel and Richard Li. Jefferies, a bank, is helping with the process to make Bullish a publicly traded…
