Crypto exchange Bullish prices IPO at $37 per share ahead of NYSE debut
On Wednesday, February 19, 2025, Tom Farley, CEO of Bulish Global CEO during the Bloomberg television interview, among the consensus crypto conference in Hong Kong, China on Wednesday.
Lam Yik | Bloomberg | Getty Images
Cryptocurrency Debt Bünkü Büll gave his first public offering from $ 37 per share, above the expected $ 32 to $ 33, and the total market value gave $ 5.4 billion.
The company will collect $ 1.1 billion in 30 million stocks. Increasing investor appetite, the rise expanded the number of shares sold in the public offering from 20.3 million, which was initially proposed to be sold between 28 and 31 dollars.
Bullish, JPMorgan, Jeferveries and Citigroup -led insurers, 4.5 million shares to sell a 30 -day option to sell. The Taurus stock will trade at the New York Stock Exchange under the symbol of “Blsh”.
Blackrock and Cathie Wood’s ARK Investment Management is an interest in buying stocks up to $ 200 million.
Rulled by Tom Farley, President of the former New York Stock Exchange Stock Exchange, Yükseliş, headquartered on the Cayman Islands, is a crypto currency exchange for the security of a central company, which brings together non -central financial protocols for corporate investors.
Since its launch in 2021, its total transaction volume on the rise platform has exceeded $ 1.25 trillion as of March 31.
Bullish is also the owner of Crypto News website Coindesk, which contains crypto directory, data and analytics.
This is the attempt to open the public within four years since the Buluk was introduced. Billionaire Paypal’s founding partner Peter Thiel, including supporters, want to take advantage of the Trump administration’s positive attitude towards the crypto that revives the capital markets this year.
In June, Circle, Stablecoin Isiser, made a highly successful stock market and collected more than $ 1 billion. This followed the transfer of Mike Novogratz’s Galaxy Digital and Stock and Crypto trade application to NASDAQ (Toronto) worth $ 5.4 billion. Crypto custody attempt Bitgo and Crypto Stock Exchange Gemini secretly applied to the US lists.
– Nick Wells of CNBC contributed to reporting.
