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Crypto exchange Bullish more than doubles in NYSE debut after pricing IPO above expected range
CNBC·2025-08-14 01:13

The stock opened at 90ontheNewYorkStockExchange,14390 on the New York Stock Exchange, 143% above its IPO price of 37. Shares were then halted at around 102.44pershare.CryptoexchangeBullishrocketedonWednesdayafterthecompanyraisedabout102.44 per share. Crypto exchange Bullish rocketed on Wednesday after the company raised about 1.1 billion in an initial public offering. Bullish, which is led by former New York Stock Exchange President Tom Farley and backed by tech billionaire Peter Thiel, is a crypto exchange focused on institutional investors and blends decentralized finance protocols with the security of a centra ...