Bullish Shatters IPO Norms: $1.15B Raise Entirely in Stablecoins—Public Market First

Wall Street just got a crypto-powered gut punch.

Bullish's landmark IPO didn't just break tradition—it torched the entire playbook. Raising $1.15 billion exclusively in stablecoins sends a clear message to legacy finance: your systems are obsolete.

No bank wires. No settlement delays. Just pure digital efficiency hitting public markets like a freight train.

The move exposes how traditional IPO mechanics creak with 20th-century inefficiency—while crypto-native companies operate at lightspeed. Stablecoins provide instant settlement, global accessibility, and transparency that makes traditional banking rails look like pony express.

Traditional finance will call it reckless. Innovators call it inevitable. After all, when was the last time your bank transfer settled in seconds instead of days? Exactly.

This isn't just fundraising—it's a declaration that the future doesn't need permission from yesterday's institutions. The only surprise? That it took this long for someone to finally bypass the middlemen and their fee-heavy 'services.'