Peter Thiel-Backed Bullish Hits $1.11B in Record-Breaking IPO
Bullish, the cryptocurrency exchange backed by prominent investor Peter Thiel, has achieved a landmark $1.11 billion valuation in its initial public offering. The record-breaking debut underscores growing institutional confidence in digital asset infrastructure.
The exchange's success reflects broader momentum in crypto markets, with trading platforms gaining traction among both retail and institutional participants. Bullish's IPO represents a significant milestone for the industry's maturation.