Bullish, backed by Peter Thiel, plans to make its NYSE debut on August 13, 2025, targeting a raise of up to 629 million USD through the sale of 20.3 million shares priced at 31 USD each.
Significant interest comes from major players like BlackRock and ARK Investment, which could purchase shares worth up to 200 million USD, indicating increased institutional engagement in digital assets.
The IPO is viewed as a key step for Bullish’s growth and cryptocurrency’s mainstream acceptance. It may affect market sentiment and lead to increased regulatory considerations as digital assets continue to integrate into finance.
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