Bullish Prices IPO Above Expectations

The initial public offering (IPO) of cryptocurrency exchange Bullish, which also owns the cryptocurrency news website CoinDesk, has been priced at $37 per share, beyond the expected range of $32–$33. Due to this pricing, the company is valued at $5.4 billion on the market, which indicates that investors are very interested in companies that deal with cryptocurrency. The IPO might draw more institutional and retail interest as cryptocurrency usage grows, establishing Bullish as a significant force in the developing blockchain and cryptocurrency sector.