Bullish Ltd. made its entry onto the New York Stock Exchange (NYSE) on August 13, 2025, with an initial public offering (IPO) priced at $37 per share. The stock soared 218% on its debut.
Bullish Debuts on NYSE
Bullish Ltd. began trading on the NYSE under the ticker BLSH. Notable backer Peter Thiel highlighted the significance of institutional investment growth in cryptocurrency. No official comments were made by Bullish executives or Thiel.
Share Surge and Investor Interest
The company's IPO generated immense interest from investors, with shares skyrocketing to $118. This spike underscores institutional enthusiasm for crypto firms making their way into traditional markets.
Prospects for Crypto Investors
Analysts suggest that Bullish's debut could encourage other crypto firms to consider public offerings. Despite regulatory hurdles, the IPO reflects increasing institutional interest in crypto finance.
Bullish's NYSE debut represents a significant milestone, showcasing not only the rising interest in cryptocurrencies among institutional investors but also confidence in the long-term prospects of the crypto industry in traditional financial markets.
