Peter Thiel-Backed Crypto Exchange Files for IPO

Peter Thiel-Backed Crypto Exchange Files for IPO
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Bullish, a crypto exchange backed by tech billionaire Peter Thiel, has confidentially filed for a U.S. IPO with the SEC. The move comes amid strong investor demand for crypto assets and industry-friendly policies under the Trump administration.

  • Bullish, backed by Peter Thiel, has confidentially filed for a U.S. IPO with the SEC.
  • The exchange previously attempted a SPAC deal in 2021, which collapsed due to rising interest rates.
  • Circle, a stablecoin issuer, recently debuted on the NYSE with a 168.48% surge on its first trading day.
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