Bullish has upsized its IPO to target 30 million shares priced between 32 and 33 USD each, with a goal of achieving a valuation of 4.82 billion USD. This move reflects high institutional interest, particularly from major investors like BlackRock and ARK.
Tom Farley, CEO of Bullish, underscores the firm’s commitment to creating a compliant exchange for digital assets. The anticipated public listing might influence market sentiment favorably, akin to the effects of Coinbase’s direct listing on Bitcoin prices.
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