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Bullish's IPO remains oversubscribed after expanding its size

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2025-08-11 15:38:34
The initial public offering (IPO) of crypto trading platform Bullish was oversubscribed after expanding its size.
It was previously reported that Bullish, a cryptocurrency trading platform backed by Peter Thiel, has expanded its initial public offering (IPO) and is now targeting a valuation of up to $4.82 billion. This is a significant increase from last week's $4.20 billion target. The new plan is to sell 30 million shares at $32 to $33 per share. At the highest price, Bullish could raise around $990 million, an increase from an earlier plan to sell 20.30 million shares at $28 to $31 per share.
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