Peter Thiel-backed Bullish files for US IPO to capitalize on crypto market upswing

Bullish, backed by Peter Thiel, has confidentially filed for an initial public offering to attract growing interest in the cryptocurrency market.

This marks the second attempt for Bullish to go public after a previous SPAC deal in 2021 was unsuccessful.

The crypto market shows renewed optimism, aided by Bitcoin exceeding 100,000 USD, with favorable political support under Trump’s administration.

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