Peter Thiel-backed crypto firm Bullish seeks public listing
Bullish, a crypto exchange backed by Peter Thiel, has confidentially filed for an initial public offering, joining a growing wave of digital asset firms looking to tap public markets.
Peter Thiel-backed crypto firm Bullish has confidentially filed for an IPO in the United States, according to people familiar with the matter. The filing was made with the Securities and Exchange Commission in recent weeks, as reported by the Financial Times. Jefferies is set to serve as the lead underwriter for the upcoming offering.
This marks Bullish’s second attempt to go public after a failed SPAC merger in 2021. The deal collapsed the following year amid a downturn in the stock market caused by rising interest rates in the…