Peter Thiel-Backed Bullish Crypto Exchange Files for NYSE Listing

Bullish, the cryptocurrency exchange backed by billionaire investor Peter Thiel, has taken a decisive step toward Wall Street with its SEC filing for a public listing. The move signals growing institutional confidence in digital assets at a pivotal moment for regulatory clarity.

J.P. Morgan and Jefferies are leading the offering, with Citigroup participating—a notable show of traditional finance support for a crypto-native platform. While pricing details remain undisclosed, the IPO could set a precedent for other blockchain firms eyeing public markets.

The filing comes as market sentiment rebounds and US lawmakers advance crypto legislation. Bullish's transition from crypto upstart to NYSE-listed company reflects the sector's maturation, blending blockchain innovation with mainstream financial infrastructure.