Peter Thiel-Backed Crypto Group Bullish Files for Wall Street IPO
- Bullish, a cryptocurrency exchange, has submitted a private registration with the SEC to pursue an initial public offering in the United States.
- Bullish's filing follows a failed 2021 SPAC listing attempt that collapsed in 2022 due to rising interest rates and market volatility.
- The company, backed by billionaire Peter Thiel and led by CEO Tom Farley, operates globally with offices in Gibraltar, Singapore, the U.S., and the Cayman Islands.
- Jefferies will lead the underwriting process, and the confidential filing keeps financial details private while the crypto market shows renewed enthusiasm under favorable U.S. policies.
- This IPO attempt signals Bullish's renewed push into public markets amid improving sentiment, aligning with a broader trend of crypto firms seeking mainstream adoption.
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Crypto Exchange Backed by Peter Thiel Confidentially Files for IPO With SEC: Report
The crypto exchange backed by tech billionaire Peter Thiel has reportedly filed for a US initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Citing two people familiar with the matter, the Financial Times reports that in recent weeks, Bullish has confidentially filed the paperwork to start offering its shares to the... The post Crypto Exchange Backed by Peter Thiel Confidentially Files for IPO With SEC: Report a…
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