Bullish IPO update - DDay Tomorrow (Patreon)

Crypto Exchange Bullish Wants to Raise Nearly $1 Billion in IPO

IPO Day Tomorrow

Bullish, a cryptocurrency exchange backed by billionaire Peter Thiel and owner of the news site CoinDesk, is planning to raise up to $990 million through its U.S. stock market debut. That’s a big jump from last week’s target of $629 million.

The company, based in the Cayman Islands, wants to sell 30 million shares priced between $32 and $33 each, according to a filing on Monday. Big investors like BlackRock and ARK Invest have already shown interest in buying up to $200 million worth of shares at that price.

Bullish plans to set its IPO price late Tuesday and hopes to list on the New York Stock Exchange under the ticker symbol BLSH. Other crypto companies, such as Kraken, Gemini, and Grayscale, are also looking to go public.

Oh and guess who has a big bag?

GALAXY!!!