Crypto Frenzy Sparks Rush to Wall Street IPOs

Crypto frenzy sparks rush to Wall Street IPOs

After years of sitting on the sidelines, US crypto companies are lining up to go public, buoyed by friendly policies under President Donald Trump's second administration that have pushed the value of global cryptocurrencies to a record $4.2 trillion. Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel among its backers, was the latest to tap US public markets on Wednesday, raising over $1.1 billion. Analysts point to …

Bullish Shares Surge 160% on Wall Street Debut

Crypto exchange Bullish made its public debut on the New York Stock Exchange (NYSE) with an overwhelmingly positive response from investors. Shares opened 143% higher at $90, surging dramatically from the IPO price of $37 per share. The dramatic rise in price triggered an NYSE volatility halt multiple times during the day. The company briefly reached a market capitalization of $13 billion during the day, before ending the day’s trade with a valu…

Bullish’s Dazzling Debut Bolsters Red-Hot Year for Crypto-Linked IPOs

U.S. stock exchanges have been welcoming a steady stream of publicly traded companies ever since names like Canaan and Coinbase stepped onto the Wall Street scene a few years ago. This week, Bullish made its Wall Street debut with an initial public offering (IPO) that’s already delivered a 101.7% gain in value. Bullish IPO Soars... The post Bullish’s Dazzling Debut Bolsters Red-Hot Year for Crypto-Linked IPOs appeared first on Daily Truth Report…

Bullish’s Dazzling Debut Bolsters Red-Hot Year for Crypto-Linked IPOs – Crypto News Bitcoin News

U.S. stock exchanges have been welcoming a steady stream of publicly traded companies ever since names like Canaan and Coinbase stepped onto the Wall Street scene a few years ago. This week, Bullish made its Wall Street debut with an initial public offering (IPO) that’s already delivered a 101.7% gain in value. Bullish IPO Soars […]

The Bullish Exchange Soars on NYSE Debut With $13.2 Billion Valuation

Tom Farley, the former president of the prominent New York exchange and now the CEO of Bullish, saw his new endeavor achieve impressive results following its public listing. The Peter Thiel-backed exchange is joining industry counterparts in a growing list of crypto corporations that are gaining access to traditional stock markets and indexes. Star Premiere The digital assets exchange Bullish rang the New York Stock Exchange (NYSE) opening bell …