Bullish Crypto Exchange Files IPO Backed by Peter Thiel’s Support

Bullish, a cryptocurrency exchange targeting institutional investors, has filed for an Initial Public Offering with the U.S. Securities and Exchange Commission. The S-1 registration, submitted on July 18, proposes listing under the ticker symbol BLSH. This public filing follows earlier confidential submissions, confirming the exchange's intent to enter U.S. capital markets.

The exchange distinguishes itself through high-performance trading infrastructure and deep liquidity pools designed for professional traders. Peter Thiel's Founders Fund provides strategic backing, lending credibility to the venture. The MOVE signals growing institutional acceptance of digital asset platforms within traditional finance frameworks.

Regulatory scrutiny now shifts to the SEC's review process, which will determine Bullish's path to public markets. The filing represents a milestone for crypto-native businesses seeking mainstream financial integration while maintaining their technological edge in digital asset trading.