Peter Thiel-Backed Crypto Firm Raises Massive $1.1 Billion
The cryptocurrency industry is celebrating another major milestone as Bullish prepares to join the ranks of publicly traded digital asset companies. The crypto exchange and media platform has successfully priced its initial public offering at $37 per share, significantly higher than initial expectations and reflecting strong institutional appetite for crypto-focused investments.
Massive offering exceeds original expectations
Bullish announced plans to offer 30 million shares in its NYSE debut, potentially raising approximately $1.1 billion for the company. This represents a substantial increase from the original proposal of 20.3 million shares priced between $28 and $31 each. The dramatic upsizing demonstrates robust investor demand…
