Is Peter Thiel’s Bullish Crypto Exchange About to Shake Up Wall Street with Its Bold IPO Move?
Ever wonder what happens when a crypto exchange not only survives but thrives long enough to file for an IPO? Bullish, the Peter Thiel-backed crypto platform, is throwing its hat in the ring with a formal US IPO filing, signaling a rare win in the often turbulent crypto waters. With $302 million in revenue and a $150 million net income reported in 2023, Bullish isn’t just another startup—they’re one of the few profitable crypto exchanges ready to go public. Sitting on $874 million in cash and managing $2.4 billion in customer assets, this Block.one subsidiary is making a bold bet on the US market amid improving regulatory clarity. Is Bullish setting a new standard for crypto exchanges aiming for Wall Street? Let’s dive into the details and what this means for the future of institutional crypto trading. LEARN MORE.
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