Bullish, the Crypto Exchange Backed by Peter Thiel, Files for IPO

Reported about 23 hours ago

Bullish, a cryptocurrency exchange supported by billionaire Peter Thiel, has filed for an initial public offering as part of a growing trend of crypto companies seeking to enter public markets. Despite reporting a net loss of approximately $349 million in the first quarter, the firm aims to leverage its transparent operations and compliance to appeal to investors. The IPO, set to be launched on the New York Stock Exchange under the symbol BLSH, is being underwritten by JPMorgan Chase, Jefferies, and Citigroup.

Source: YAHOO

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