#BullishIPO #BullishIPO

The market capitalization is $5.4 billion. The stock saw a significant rise on the first trading day, reaching $100 before settling at $71.25, making it one of the best performances of an IPO in the cryptocurrency sector for 2025

*Key information about #BullishIPO:*

- *Offer price*: $37 per share

- *Market capitalization*: $5.4 billion

- *Total funds raised*: $1.1 billion

- *Supporting companies*: Peter Thiel, BlackRock, and ARK

- *Trading*: New York Stock Exchange (NYSE) under the symbol "BLSH"

*Market impact:*

- *Strong institutional demand*: The IPO experienced strong demand from institutional investors, reflecting the increasing confidence in the cryptocurrency sector.