Bullish NYSE IPO Dey Aim To Capitalize For $1.25T Volume
Bullish, di crypto exchange wey dey Cayman Islands and wey spin off from Block.one plus Peter Thiel dey back am, don file for NYSE IPO with ticker BLSH through SEC Form F-1. Dem key investors na Nomura, Mike Novogratz, Founders Fund and Thiel Capital. Former NYSE president Tom Farley dey lead am and Jefferies dey underwrite am with 30-day green shoe option. This Bullish IPO wan attract fresh capital plus institutional investors. Since dem launch am, Bullish don process $1.25 trillion trading volume and end 2024 with $80 million net income. But Q1 2025, dem record $349 million loss on $80 million digital-asset sales, compared to $105 million profit for Q1 2024. The platform get $1.9 billion liquid assets including Bitcoin and stablecoins, and e get licensed subsidiaries for six jurisdictions plus custody and trading services for Hong Kong. This IPO come after dem fail for 2021 SPAC try and e coincide with other crypto listings like Circle, Galaxy Digital, and Gemini, all supported by GENIUS Act stablecoin protections. Traders suppose watch how NYSE IPO fit boost liquidity, sign renewed institutional interest and open way for more digital-asset public listings.
Bullish
Di Bullish IPO filing plus di $1.25 trillion trading volume wey dem get show say serious institution people dey back am well and market liquidity dey gidigba, na the kind tins wey dey usually make price rise. For short run, di NYSE listing under ticker BLSH—wey get high profile investors plus 30-day green shoe option—fit make professional traders start dey buy more. For long run, when dem list am public for NYSE, e go make tins more clear, make dem follow law well well, plus e go help dem get more capital, all these go make Bullish assets dey keep go higher and higher.