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Bullish Crypto Exchange Files for $629M IPO Amid Market Recovery
Bullish Crypto Exchange Files for $629M IPO Amid Market Recovery
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BTCCSquare news:
Cryptocurrency exchange Bullish has formally filed for an initial public offering, aiming to raise up to $629 million at a valuation between $3.8 billion and $4.2 billion. The Peter Thiel-backed firm priced shares between $28 and $31, marking its second attempt to go public after 2021's postponed plans.
"We believe the digital assets industry is entering its next growth phase," said CEO Tom Farley, emphasizing transparency and compliance as core values aligning with public markets. The MOVE signals growing institutional confidence in crypto's maturation.
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