Crypto exchange Bullish, which aimed to go public on NYSE, has declined the $9bn merger citing the market conditions and the SEC’s new rules on crypto. The crypto winter has affected business relationships across the globe. Far Peak Acquisition Corporation (NYSE: FPAC) and Bullish exchange have decided to end their planned business relationship. FPAC and Bullish agreed on the merger in July. The deal stipulated that Bullish would become a publicly traded company on the New York Stock Exchange. Brendan Blumer, chairman and CEO of Bullish, stated that the company’s plan to go public was taking longer than anticipated due
Bullish raises $1.11B in NYSE debut, stock surges 218%, signaling strong institutional demand and renewed confidence in crypto IPOs. Cryptocurrency exchange Bullish made a strong debut on the New York Stock Exchange on Wednesday. According to Bloomberg, the company raised $1.11 billion in its initial public offering (IPO). Bullish priced…
Crypto exchange Bullish files for $4.23B IPO on NYSE, backed by Peter Thiel, amid rising institutional crypto interest and GENIUS Act boost. Bullish, a crypto exchange backed by billionaire investor Peter Thiel, has filed for an initial public offering (IPO) in the United States. According to Reuters, the company is…
Cathie Wood’s Ark Invest has once again made bold moves in the public markets, increasing its exposure to both the crypto and tech sectors. Ark Invest revealed big purchases of Bullish and Figma shares in its latest filing. The move shows the company still believes in the newly listed exchange,…