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Bullish Crypto Exchange Targets $629M Mega-Funding in NY Share Offering – Wall Street Meets Web3

Bullish Crypto Exchange Targets $629M Mega-Funding in NY Share Offering – Wall Street Meets Web3

Author:
Coindesk
Published:
2025-08-04 14:00:05
15
1

Crypto Exchange Bullish Seeks to Raise Up to $629M in New York Share Sale

Crypto's institutional ambitions hit overdrive as Bullish exchange guns for a $629 million capital injection.

The New York share sale—set to price this week—could become crypto's biggest regulated liquidity grab since Bitcoin ETFs launched. TradFi bankers are already salivating over the fees.

Why it matters: This isn't some DeFi farm dumping tokens. Bullish (backed by Peter Thiel and Mike Novogratz) is playing the long game—combining exchange infrastructure with SEC-approved financial engineering.

The cynical take: Nothing makes hedge funds believe in blockchain faster than a 7-figure underwriting bonus. The tech's revolutionary—the fundraising playbook? Straight from 1980s Wall Street.

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