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Crypto Exchange Bullish's US IPO Filing Reveals Quarterly Loss
MIAMI, JUL 18 – Jasmine Paisley and Samantha Davis were arrested for stabbing a woman over a seating dispute at a Miami nightclub; an off-duty officer detained the suspects, police said.
- Bullish, a cryptocurrency exchange backed by Peter Thiel, filed for a U.S. IPO on July 18, 2025, planning to list on the NYSE under the symbol BLSH.
- Bullish's IPO filing follows a regulatory crackdown and interest rate rises that halted its 2021 SPAC deal and comes amid renewed investor interest after tariff policy uncertainty slowed IPOs.
- Bullish reported a net deficit of $348.6 million for the first quarter of 2025, marking a sharp reversal from a $104.8 million profit in the same period last year, even as its exchange maintained an average daily trading volume exceeding $2.5 billion.
- Bullish has outlined its goal to promote the widespread use of stablecoins, cryptocurrencies, and blockchain innovations, and has reported cumulative trading volumes surpassing $1.25 trillion since its inception, with lead underwriters including J.P. Morgan, Jefferies, and Citigroup.
- The IPO filing marks another step for the cryptocurrency industry’s push to be recognized as legitimate investment, as stablecoin issuer Circle posted a strong market debut amid growing institutional interest.
32 Articles
32 Articles
Crypto Exchange Bullish Files for NYSE IPO
Peter Thiel-backed crypto exchange Bullish has filed for an initial public offering (IPO) aimed at raising up to $100 million and plans to list its shares on the New York Stock Exchange (NYSE) under the ticker “BLSH.” The firm, which operates both the Bullish digital exchange and the news platform CoinDesk, reported a net loss of $348.6 million for Q1 2025 in its S-1 filing. It marks a significant downturn from its $104.8 million profit the prev…
Channel News Asia
The Star Kuala LumpurCrypto exchange Bullish's US IPO filing reveals quarterly loss
Cryptocurrency exchange Bullish on Friday disclosed a quarterly loss compared to a year-ago profit in its paperwork for a U.S. initial public offering, amid rising investor interest in the sector.Bullish joins crypto exchange Gemini and crypto-focused asset manager Grayscale — both of which have confidentia
Two women arrested after stabbing at Miami nightclub during seat dispute: Police
Bullish, the cryptocurrency exchange that counts Peter Thiel as an investor, said it’s going public under the ticker symbol “BLSH.” The IPO filing says that as of March 31, the total trading volume since launch has exceeded $1.25 trillion. The Peter Thiel-backed cryptocurrency exchange Bullish filed for an IPO on Friday, the latest digital asset firm to head for the public market. The company said it plans to trade on the New York Stock Exchange…
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