{"id":163230,"date":"2025-07-19T15:30:51","date_gmt":"2025-07-19T12:30:51","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=163230"},"modified":"2025-07-19T14:49:41","modified_gmt":"2025-07-19T11:49:41","slug":"peter-thiel-backed-crypto-exchange-files-for-ipo","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/peter-thiel-backed-crypto-exchange-files-for-ipo\/","title":{"rendered":"Peter Thiel-Backed Crypto Exchange Files for IPO"},"content":{"rendered":"

The company, led by former New York Stock Exchange president Tom Farley, plans to list on the NYSE under the ticker symbol BLSH, according to Friday\u2019s filing. This move positions Bullish among a growing number of digital asset firms seeking to go public amid increasing mainstream acceptance of cryptocurrencies.<\/p>\n

Founded as a spinout of Block.one, Bullish launched with financial backing from Thiel\u2019s Founders Fund, Thiel Capital, Nomura, Mike Novogratz, and other institutional investors. In a major media move, the company acquired crypto news outlet CoinDesk in 2023 to expand its footprint in the digital asset ecosystem.<\/p>\n

Bullish has quickly gained traction in the market. The firm reported an average daily trading volume of over $2.5 billion in Q1 2025, placing it among the top five global exchanges for Bitcoin and Ethereum spot volume. Since its inception, Bullish has processed more than $1.25 trillion in total trading volume.<\/p>\n