🤔#BullishIPO LET'S REVIEW THIS

◾Bullish IPO refers to the initial public offering of shares of Bullish Global, an institutional cryptocurrency exchange based in the Cayman Islands.

◾The company submitted its registration application to the U.S. Securities and Exchange Commission (SEC) to list on the New York Stock Exchange (NYSE) under the symbol "BLSH".

📌Key details of the Bullish IPO:

- *IPO Date*: August 13, 2025

- *Stock Symbol*: BLSH

- *Stock Exchange*: NYSE

- *Share Price*: $37 (initially expected between $32-$33)

- *Company Valuation*: approximately $5.4 billion

- *Number of Shares Offered*: 30 million

📌Results of the IPO:

- The company raised over $1 billion

- The share price closed at $68 on the first day, after reaching a high of $118

- 20% of the IPO shares were allocated to retail investors

◾Bullish Global owns CoinDesk, a cryptocurrency news website, and operates a digital asset trading platform focused on institutional clients.

◾The company has subsidiaries in various jurisdictions and is backed by prominent investors such as Peter Thiel.