#BullishIPO The #BullishIPO was a highly anticipated initial public offering that made a remarkable debut on the New York Stock Exchange (NYSE) under the ticker symbol BLSH. Here are some key highlights ¹ ² ³:

- *IPO Details*:

- *Date*: August 13, 2025

- *Price*: $37 per share, above the expected range of $32-$33

- *Shares Issued*: 30 million, upsized from 20 million due to high demand

- *Proceeds*: $1.11 billion, valuing the company at approximately $5.4 billion

- *Market Performance*:

- *Opening Price*: $90, representing a 143% jump from the IPO price

- *Intraday Peak*: $118, before settling between $92-$93

- *Market Capitalization*: Peaked at $13.16 billion, with a closing valuation near $10 billion

- *Investor Backing*: Peter Thiel's Founders Fund, BlackRock, Galaxy Digital, and ARK Invest, with ARK Invest indicating interest in buying up to $200 million in shares

- *Future Outlook*: Bullish is expected to sustain its momentum, driven by its institutional focus, regulatory clarity, and growing trading volumes. However, the company faces risks from crypto volatility and competition.