Bullish, a cryptocurrency exchange backed by billionaire Peter Thiel, has confidentially filed for an initial public offering (IPO) in the United States, according to the Financial Times. The filing was made with the Securities and Exchange Commission recently, allowing Bullish to prepare for its public listing without immediate disclosure of financial details. Jefferies is expected to be the lead underwriter for the IPO. Bullish is a regulated global crypto exchange with tier-1 licenses and acquired crypto media outlet CoinDesk in November 2023. The company previously attempted an IPO via a special purpose acquisition company in 2021 but did not proceed. This planned IPO follows the recent successful debut of Circle, whose stock surged nearly 200% on its first day. The Block has sought comment from Bullish.

Background: Bullish, a cryptocurrency exchange backed by billionaire entrepreneur Peter Thiel, recently submitted a confidential initial public offering (IPO) filing to the U.S. Securities and Exchange Commission (SEC). The company had previously attempted to go public via a Special Purpose Acquisition Company (SPAC) but was unsuccessful.

Main Event: Bullish is adopting a confidential IPO process, allowing the company to prepare before publicly disclosing financial details. Jefferies will serve as the lead underwriter for this IPO. Bullish is a regulated and independently audited global cryptocurrency exchange holding multiple Tier 1 licenses. In November 2023, the company acquired the crypto media platform CoinDesk.

Potential Impact: This IPO filing indicates a renewed interest among institutional crypto firms to list on U.S. exchanges. Previously, another crypto company, Circle, successfully completed an IPO with a market valuation of 1.10 billion USD, and its stock price surged nearly 200% on the first day. Bullish's move may encourage more crypto enterprises to seek funding through public markets.

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Bullish, the cryptocurrency exchange backed by billionaire entrepreneur Peter Thiel, has filed for a confidential initial public offering (IPO) in the United States. Peter Thiel-Backed Crypto Exchange Bullish Files for US IPO According to the Financial Times, citing two sources familiar with the matter, the company has filed the necessary documents with the US Securities and Exchange Commission (SEC) in recent weeks. The secret IPO process allows companies to prepare for an IPO without disclosing their financial details to the public. Once the preparations are complete, more comprehensive information is provided to investors and the official process is initiated. According to the news, Jefferies will serve as lead underwriter in the IPO process. According to the information on its website, Bullish is a regulated and independently audited global cryptocurrency exchange. The company is stated to have various Tier-1 licenses. In November 2023, it attracted attention by purchasing the crypto media platform CoinDesk from Digital Currency Group. Bullish previously tried to go public via a special purpose acquisition company (SPAC) in 2021 but was unable to follow through with that plan. This new IPO attempt comes on the heels of another crypto company Circle’s successful IPO last week, which garnered a lot of buzz. Circle reached a valuation of $1.1 billion with its IPO, and its shares rose nearly 200% on the first day. Circle shares fell 8.1% to $105.91 on Tuesday this week, but are still trading well above their $31 IPO price. This move by Bullish shows renewed interest from institutional crypto companies in listing on US exchanges. *This is not investment advice.

Cryptocurrency exchange Bullish, backed by Peter Thiel, has filed for an IPO in the United States.

Bullish is a cryptocurrency exchange that, after four years, is once again attempting to go public by submitting an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC). Previously, Bullish failed to complete a $9 billion merger deal in 2021 due to time constraints and market conditions. This IPO application comes at a time when the cryptocurrency industry is showing a bullish trend following the election of President Trump.

Bullish, a crypto exchange, has made a second attempt to go public by submitting paperwork for an initial public offering to the SEC. This follows a failed $9 billion merger in 2021 due to time constraints and market conditions. The move comes amidst a bullish trend in the crypto industry post-President Trump's election.

Bullish Submits IPO Application Again After Four Years

MetaEra News, June 11 (UTC+8) – According to the Financial Times, sources revealed that the crypto trading platform Bullish has submitted a confidential IPO filing to the U.S. Securities and Exchange Commission (SEC), aiming to go public by leveraging the growing investor demand for digital assets under the Trump administration.

Previously, Bullish attempted to go public in 2021 through a Special Purpose Acquisition Company (SPAC), but the effort failed the following year due to a decline in the stock market caused by rising U.S. interest rates. (Source: Financial Times)

MetaEra news, June 11 (UTC+8), according to the Financial Times, sources revealed that the crypto trading platform Bullish has submitted a confidential IPO filing to the U.S. Securities and Exchange Commission (SEC), planning to go public to capitalize on the growing investor demand for digital assets under the Trump administration. Previously, Bullish attempted to go public via a Special Purpose Acquisition Company (SPAC) in 2021, but the attempt failed the following year due to a stock market decline caused by rising U.S. interest rates. (Source: Financial Times)

Insider: Crypto trading platform Bullish has secretly filed for an IPO

Bullish Global, a cryptoasset exchange supported by billionaire Peter Thiel, has filed confidential documents with the U.S. Securities and Exchange Commission to initiate a U.S. initial public offering (IPO). This information was reported by the Financial Times, citing unnamed sources. The filing marks a significant step for the startup in entering the public market.

Bullish Global, the cryptoasset exchange whose backers include billionaire Peter Thiel, has filed for a US initial public offering, the Financial Times reportedBloomberg Terminal.The startup filed confidential documents with the Securities and Exchange Commission in recent weeks to kickstart the process, the FT reported, citing unidentified sources.

Cryptocurrency exchange Bullish Global, supported by Peter Thiel, files for initial public offering (IPO) in the United States

Insiders have revealed that the crypto trading platform Bullish has secretly filed for an initial public offering (IPO).

According to ChainCatcher, the Financial Times reported that Bullish Global, a crypto company backed by former PayPal CEO Peter Thiel, has secretly filed for an IPO.

According to ChainCatcher, the Financial Times reported that Bullish Global, a crypto company backed by former PayPal CEO Peter Thiel, has secretly submitted an IPO application.

Financial Times: Crypto Company Bullish Has Secretly Filed for IPO

According to the Financial Times, crypto exchange Bullish recently submitted IPO documents confidentially to the U.S. Securities and Exchange Commission, planning to capitalize on the Trump administration's favorable policies towards digital assets for its listing. Bullish attempted to go public via SPAC in 2021 but failed due to rising interest rates. This time, Jefferies is acting as the lead underwriter. Bullish is an exchange founded by Block.one, the developer of EOS, and acquired crypto media CoinDesk in 2023.

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<div>According to the Financial Times, the crypto exchange Bullish recently submitted IPO documents to the U.S. Securities and Exchange Commission confidentially, planning to capitalize on the Trump administration's favorable policies toward digital assets to go public. Bullish attempted to go public via SPAC in 2021 but was unsuccessful due to rising interest rates. This time, Jefferies serves as the lead underwriter. Bullish is an exchange founded by Block.one, the developer of EOS, and acquired the crypto media outlet CoinDesk in 2023. </div>

FT: Crypto Exchange Bullish Recently Secretly Submitted IPO Documents to the U.S. SEC

According to BlockBeats news, on June 11, 2023, insiders revealed that the cryptocurrency trading platform Bullish has secretly submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC). This news was reported by the Financial Times.

BlockBeats News, June 11, according to the Financial Times, sources familiar with the matter revealed that the cryptocurrency trading platform Bullish has recently filed confidential IPO application documents with the U.S. Securities and Exchange Commission (SEC).

Cryptocurrency Trading Platform Bullish Secretly Files for IPO

BlockBeats news, on June 11, according to the Financial Times, insiders revealed that the crypto trading platform Bullish has secretly submitted IPO application documents to the U.S. Securities and Exchange Commission (SEC) in recent weeks.

The crypto trading platform Bullish has secretly filed for an IPO.

MetaEra news: On June 11 (UTC+8), Bullish, a cryptocurrency exchange supported by former PayPal CEO Peter Thiel, submitted a confidential initial public offering (IPO) application to the U.S. Securities and Exchange Commission. The company previously attempted to go public via a SPAC in 2021, but the plan failed due to the stock market downturn caused by rising U.S. interest rates the following year. Jefferies will act as the lead underwriter for this IPO. Currently, Bullish's IPO plan coincides with strong demand for crypto asset investments in the U.S., where the Trump administration promised policies supporting the industry, aiming to reverse the restrictions on digital assets imposed during the Biden era. (Source: Mlion.ai)

Bullish, the crypto exchange supported by former PayPal CEO, files for IPO application

According to DeepTechFlow, on June 11, the Financial Times reported that Bullish, a cryptocurrency exchange supported by former PayPal CEO Peter Thiel, has submitted a confidential initial public offering (IPO) filing to the U.S. Securities and Exchange Commission (SEC).

Bullish previously attempted to go public via a Special Purpose Acquisition Company (SPAC) in 2021, but the deal fell through the following year due to a stock market downturn caused by rising U.S. interest rates. Jefferies will serve as the lead underwriter for this IPO.

The company's IPO plan comes amid strong demand for crypto asset investments in the U.S., with the Trump administration promising to introduce a series of industry-friendly policies and reversing the Biden administration's crackdown on digital assets.

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According to TechFlow, on June 11, the Financial Times reported that Bullish, a cryptocurrency exchange supported by former PayPal CEO Peter Thiel, has submitted a confidential initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC).
Bullish previously attempted to go public via a Special Purpose Acquisition Company (SPAC) in 2021, but the deal fell through the following year due to a stock market downturn caused by rising U.S. interest rates. Jefferies will serve as the lead underwriter for this IPO.
The company's IPO plans come amid strong demand for crypto asset investments in the U.S., with the Trump administration having promised a series of industry-friendly policies and reversing the digital asset crackdown seen during the Biden administration.
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Bullish, a crypto exchange supported by the former CEO of PayPal, submits IPO application

The cryptocurrency exchange Bullish, backed by Peter Thiel, has submitted confidential documents for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC). The exchange is supported by billionaire investor Peter Thiel, with investment bank Jefferies acting as the lead underwriter. Bullish previously attempted to go public through a special purpose acquisition company (SPAC) but failed due to deteriorating market conditions. This IPO plan reflects a trend of renewed investor optimism and a friendlier regulatory environment under the Trump administration. Recently, crypto companies such as Circle and Gemini have also submitted IPO applications, indicating active IPO activity in the crypto industry. Bullish is led by former New York Stock Exchange Group president Tom Farley. Data shows that the investment returns from crypto listings surpass those of traditional stock markets, attracting more investor attention.

Bullish, the digital asset exchange backed by billionaire investor Peter Thiel, has filed confidential paperwork with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to sources cited by the Financial Times. American investment bank Jefferies has been tapped as the lead underwriter for the offering, per the report . Bullish has not issued a public statement on its plans. The move positions Bullish among a wave of crypto companies looking to capitalize on renewed investor enthusiasm and a friendlier regulatory tone under the Trump administration. The company, which previously attempted to go public via a special purpose acquisition company (SPAC) deal in 2021, saw its earlier efforts collapse as markets soured amid rising interest rates. Related: Circle stock jumps 167% on NYSE debut Recent successes in the crypto IPO space appear to have emboldened Bullish’s move. Circle, the issuer of the USDC ( USDC ) stablecoin, raised $1.1 billion in its public debut last week, exceeding expectations and marking a record-setting 167% gain on its first day of trading. On June 6, Gemini, the exchange founded by Cameron and Tyler Winklevoss, also filed confidentially for a US listing . Both brothers have actively supported Trump’s reelection bid and have backed crypto-focused political action committees. On May 14, social trading platform eToro officially debuted on the Nasdaq , under the ticker ETOR, following a confidential SEC filing and the appointment of Goldman Sachs to shepherd the process. Bullish is led by CEO Tom Farley, a former president of the NYSE Group. Thiel, an early supporter of Bitcoin ( BTC ), previously donated to US President Donald Trump’s 2016 election campaign. Related: Circle raises IPO target to $896M amid strong investor interest Despite the recent surge in IPO activity, data shows that crypto listings continue to outperform those on traditional stock exchanges. According to a CoinMarketCap report shared on April 3, the average return on investment (ROI) for tokens listed on major crypto exchanges over the past 180 days exceeded 80%. This performance surpasses that of major stock indexes like the Nasdaq and Dow Jones. The report also found that 68% of crypto listings delivered positive ROI, outpacing the NYSE’s 54% and Nasdaq’s 51%. Magazine: Elon Musk Dogecoin pump incoming? SOL tipped to hit $300 in 2025: Trade Secrets 

Peter Thiel-backed crypto exchange Bullish files for US IPO

Cryptocurrency exchange Bullish, backed by Peter Thiel, has submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC). With the return of investor optimism brought by the Trump administration, more and more companies are choosing to go public.

<img>The Peter Thiel-backed crypto exchange joins a growing list of firms seeking to go public as investor optimism returns under the Trump administration.

Cryptocurrency Exchange Bullish, Backed by Peter Thiel, Applies for U.S. IPO

BlockBeats news, on June 11th, according to the Financial Times, insiders revealed that the crypto trading platform Bullish has secretly submitted IPO application documents to the U.S. Securities and Exchange Commission (SEC) in recent weeks.

Cryptocurrency trading platform Bullish has secretly filed for an IPO

Odaily Planet Daily News: Bullish, the parent company of CoinDesk, has recently secretly submitted an initial public offering (IPO) application to U.S. regulators. Details have not yet been disclosed, including the proposed listing timeline and fundraising scale. (FT)

Odaily Planet Daily News: Bullish, the parent company of CoinDesk, has recently secretly submitted an initial public offering (IPO) application to U.S. regulatory authorities. Details have not yet been disclosed, including the proposed listing timeline and fundraising scale. (FT)

Bullish, the parent company of CoinDesk, has secretly filed for an IPO.

Bullish, a crypto exchange that counts billionaire Peter Thiel as an investor, has confidentially filed for an initial public offering in the U.S., the Financial Times reported, citing two sources familiar with the matter.Bullish filed the paperwork with the Securities and Exchange Commission in recent weeks, according to the report. A confidential IPO process typically allows companies to advance their listing preparations without disclosing financial details until they move closer to going public.Jefferies is expected to serve as the lead underwriter for the offering, the report said.Bullish is a regulated and audited global cryptocurrency exchange with tier-1 licenses, according to its website.The firm, which acquired crypto media outlet CoinDesk from Digital Currency Group in November 2023, once attempted an IPO through a special purpose acquisition company in 2021, but it did not follow through.The Block has reached out to the company for comment.Bullish's planned IPO follows Circle's $1.1 billion blockbuster debut last week, during which its stock price soared nearly 200%. Circle's shares closed down 8.1% at $105.91 on Tuesday, but remained well above their initial public offering (IPO) price of $31, according to Yahoo Finance data.

Crypto exchange Bullish, backed by Peter Thiel, secretly files for IPO in the United States

据《金融时报》报道，由亿万富翁Peter Thiel支持的加密货币交易所Bullish已秘密向美国证券交易委员会提交了首次公开募股（IPO）申请。此次申报允许Bullish在不立即披露财务细节的情况下为上市做准备。Jefferies预计将担任此次IPO的主承销商。Bullish是一家受监管的全球加密货币交易所，持有一级牌照，并在2023年11月收购了加密媒体平台CoinDesk。该公司此前曾在2021年尝试通过特殊目的收购公司（SPAC）进行IPO，但未继续推进。此次计划中的IPO紧随Circle最近成功上市之后，Circle股票首日上涨近200%。The Block已向Bullish寻求评论。

由Peter Thiel支持的加密货币交易所Bullish，已在美国秘密提交了首次公开募股（IPO）申请

據《金融時報》報道，由億萬富翁Peter Thiel支持的加密貨幣交易所Bullish已祕密向美國證券交易委員會提交了首次公開募股（IPO）申請。此次申報允許Bullish在不立即披露財務細節的情況下爲上市做準備。Jefferies預計將擔任此次IPO的主承銷商。Bullish是一家受監管的全球加密貨幣交易所，持有一級牌照，並在2023年11月收購了加密媒體平臺CoinDesk。該公司此前曾在2021年嘗試通過特殊目的收購公司（SPAC）進行IPO，但未繼續推進。此次計劃中的IPO緊隨Circle最近成功上市之後，Circle股票首日上漲近200%。The Block已向Bullish尋求評論。