Bullish eyes $629 mn US IPO, gains retail buzz pre-listing
Crypto exchange Bullish plans to raise up to $629 million via US IPO, valuing the firm at $4.2 billion. The Peter Thiel-backed company filed to sell 20.3 million shares priced between $28 and $31. BlackRock and ARK may purchase up to $200 million in shares. Bullish intends to convert the proceeds into stablecoins.