Crypto exchange Bullish demonstrates market confidence with $990M upsized IPO

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August 11, 2025 · 11:23 AM

Crypto exchange Bullish demonstrates market confidence with $990M upsized IPO

Bullish, a crypto exchange backed by Peter Thiel, is significantly expanding its public offering to nearly $1 billion at a valuation of $4.82 billion. This move indicates a diminishing skepticism from Wall Street towards cryptocurrencies, as traditional finance players show increasing confidence in established crypto platforms.

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