Bullish Files for IPO as Trump's Crypto Pivot Drives Demand
Bullish has filed confidential paperwork with the SEC to go public again, following an earlier attempt in 2021 that was abandoned due to market conditions. The latest move comes as Bitcoin stabilizes above $110,000, helped by President Trump's recent pro-crypto policies. This renewed interest in crypto has encouraged other companies to pursue public listings, evidenced by Circle's recent debut on the NYSE, where it saw a stock surge of 347%. Bullish, a blockchain-based exchange, previously acquired CoinDesk and is led by Tom Farley, former president of the NYSE Group. The company's efforts symbolize a positive shift in the crypto market as sentiment improves and institutional interest ramps up.
Source 🔗