Bullish Crypto Exchange Aims for $629M Mega-Round in NY Share Sale—Wall Street Finally Wakes Up?

Crypto's institutional moment arrives—with a vengeance. Bullish, the digital asset exchange backed by heavyweights like Peter Thiel and Alan Howard, just fired the starting gun on a $629 million New York share sale. Wall Street's latecomers are scrambling for a seat at the table.

The big-money playbook

No retail FOMO here—this is strictly a whale game. The offering targets institutional investors hungry for regulated crypto exposure, with Bullish positioning itself as the 'adult in the room' amid exchange collapses and regulatory crackdowns.

Timing is everything

Launching amid Bitcoin's resurgence above $60K, Bullish is capitalizing on renewed institutional interest. The move comes as TradFi giants finally acknowledge what crypto natives knew years ago—blockchain isn't going anywhere.

Bonus jab: Nothing gets Wall Street's attention like nine-figure numbers—unless it's the chance to charge 2-and-20 on someone else's innovation.