#BullishIPO #BullishIPO 💥The IPO of Bullish – the cryptocurrency exchange backed by tycoon Peter Thiel – has created a significant milestone, with a valuation of up to 5.4 billion USD. The company successfully raised 1.11 billion USD by selling 30 million shares, each priced at 37 USD, far exceeding the initial expectations of 32-33 USD.
The launch event on the NYSE with the ticker "BLSH" not only shook the market but also sent a clear signal: traditional financial giants like BlackRock and ARK did not just watch but actively invested in 200 million USD worth of shares.
Leading this grand IPO are the prestigious trio of underwriters JPMorgan, Jefferies, and Citigroup – a clear testament that, in the world of cryptocurrency, there is still room for traditional Wall Street giants. Perhaps this is the time for the traditional financial market to see cryptocurrency not as an "illegitimate child" anymore, but as a sought-after newcomer at the investment banquet!🤑