Peter Thiel-backed cryptocurrency exchange Bullish files for NYSE IPO

Peter Thiel supported crypto currency Bosphorus Filed for public offering On Friday, the last digital asset company is chaired by the public market.

The company, led by CEO Tom Farley, the former president of the financial industry and the former president of the New York Stock Exchange, said that it plans to trade in NYSE under the “BLSH” symbol.

Block.one began with the first investment of supporters with Nomura, Mike Novogratz and others, including a Spinout of Taurus, Thiel’s Founders Fund and Thiel Capital. In 2023, Taurus bought the crypto news site Coindesk.

“In the first quarter of 2025, the rise exchange executed an average of $ 2.5 billion in a daily volume in the first quarter of 2025 and was listed according to the volume of spot for Bitcoin and Ether in the first five stock exchanges.” He said. Prospectus listed the best rivals as Binance, Coin and Kraken.

Publicly offering filing, as of March 31, the total transaction volume since the launch has exceeded $ 1.25 trillion, he said.

Filing is an important step for the crypto currency industry that has fought for years to persuade institutions to adopt digital assets as legitimate investments.

It has already been a big year in the market for crypto offers emphasized by the stablecoin exporter. ApartmentIn June, he jumped more than seven times since his public offering. Etoro, an online trade platform that includes services for crypto investors released in May.

Novogratz’s crypto company Galaxy Digital started to be traded in Nasdaq in May and passed the list through the Toronto Stock Exchange. And in June, the crypto currency exchange and custody founded by Cameron and Tyler Winvoss secretly applied for a public offering in the USA

Meanwhile, investors continue to flock Bitcoin. The digital currency is traded over $ 117,000 from about $ 94,000 at the beginning of the year.

President Donald Trump signed the law even on Friday to the laws – a series of arrangements connected to assets such as US dollars to reduce the price volatility associated with many crypto currencies that create some first consumer protections around the Stablecoins.

In the File with SEC, Bullish said that his mission was partly “to adopt Stablecoins, digital assets and blockchain technology.”

Thiel, Elon Musk and President Trump’s AI and Crypto Tsar David Sacks forced Trump for the legislation that was very spent and justified digital assets and stock markets.

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