Peter Thiel-Backed Bullish Targets up to $4.82 Billion Valuation in Upsized IPO

Crypto exchange Bullish raises IPO size, seeks nearly $5 billion valuation

The Peter Thiel-backed cryptocurrency exchange Bullish raised the size of its initial public offering on Monday.

CoinDesk Owner Bullish Boosts IPO Size, Seeking $990 Million

Bullish increased the size and price of its initial public offering, boosting the potential deal size to $990 million from about $629 million as crypto-related companies look to ride high investor interest.

Peter Thiel-backed Bullish targets up to $4.82 billion valuation in upsized IPO

Crypto exchange Bullish is targeting a valuation of up to $4.82 billion after upsizing its initial public offering on Monday, underscoring sustained investor interest in digital assets.The raise, still well below its $9-billion valuation target in a failed 2021 blank-check merger, showcases the expanding role

With the Red Hot IPO Market Raging, Will This Crypto Exchange Backed by Peter Thiel and Cathie Wood Be Wall Street's Next Moon Shot? @themotleyfool #stocks $FIG $BLK $CRWV $CRCL

Key PointsFigma's IPO last week showed that there is high demand from Wall Street.Now, a crypto exchange called Bullish is planning to go public at a valuation as high as $4.2 billion.The exchange is backed by Peter Thiel, and Cathie Wood has already committed to purchasing a block of shares.10 stocks we like better than Figma › If you didn't believe it after CoreWeave and Circle, then Figma's monster $1.2 billion debut on the public markets mad…

Crypto Exchange Bullish Targets $4.8B Valuation in Expanded NYSE Debut

The company, which owns crypto media outlet CoinDesk, now plans to sell 30 million shares in the $32–$33 range, up from its earlier target of 20.3 million shares priced between $28 and $31. If shares price at the top of the range, Bullish’s valuation would reach about $4.82 billion, compared to the $4.2 billion estimate from its initial filing. BlackRock and Cathie Wood’s ARK Invest have expressed interest in purchasing up to $200 million worth …

Bullish Aims for Bigger IPO Target of $990 Million

Bullish plans to offer 30 million shares at a price range of $32 to $33 each. That puts the potential size of its IPO at $990 million.