- Bullish IPO boosts crypto growth bullish IPO shows rising interest in public crypto.
- BlackRock’s backing boosts institutional confidence in crypto.
- Regulations drive crypto expansion the GENIUS Act fuels growth in digital assets.
Bullish IPO, a cryptocurrency exchange, recently went public and raised an immense sum of money of $1.11 billion. The company’s share offering, with an offer price of 37 USD per share, met and surpassed expectations, resulting in a valuation of 5.41 billion USD. It is a big step forward in the crypto market, particularly when the Trump administration has a pro-market style. The entry of Bullish into the public markets has led to an increased level of confidence in the cryptocurrency firms held by the institutions.
Bullish Surpasses IPO Expectations
Bullish sold 30 million shares at a price of $37 as opposed to the first range of selling individual shares between $32 and $33 per share. The high demand for the IPO led to the offer being oversubscribed 20 times, which made the company sell more shares, resulting in higher-than-necessary proceeds. Larger institutional investors such as BlackRock and ARK Invest joined in investing up to 200 million shares, which indicated the rising institutional demand for the crypto market.
Bullish set to tap the public markets today:
– The offering will raise $1.1 billion from 30 million shares, up from the originally planned 20.3 million shares
– BlackRock and Cathie Wood’s ARK Investment Management have expressed interest in buying up to $200 million of shares… pic.twitter.com/u4xJ6FOquK
— Frank Chaparro (@fintechfrank) August 13, 2025
Such positive reception on the market follows the increasing clarity of cryptocurrency company regulation. Even the U.S. policies, such as the GENIUS Act, have subsequently opened the door to the reception and endorsement of stablecoins and digital assets. With regulation frameworks becoming firm, more crypto companies will access the public markets, like Bullish did.
Bullish IPO Sets a New Crypto Trend
Internally, Bullish also became one of the latest public companies with a cryptocurrency company. The New York Stock Exchange (NYSE) went public under the symbol BLSH. The company has a trading platform that provides various services, including spot trading, derivatives, and futures. Bullish also possesses CoinDesk, another element that entrenches its status as one of the most important players in the crypto world.
It means that this IPO is critical and time-wise because it comes at a time when the sentiment in the crypto market is trending. The fact that Bullish has leaders, including a former president of the New York Stock Exchange, Tom Farley, further enhances the credibility of the company, building on the attention that will be given to the company by global investors. The IPO is an indication of the market appetite for cryptocurrency exchanges, and it will precede other blockchain companies deciding to join the public market in the near future.
Institutional Investment Drives IPO Success
Institutional investors were big supporters of the Bullish IPO. Major investors, such as BlackRock and ARK Invest, invested as many as 200 million shares, which is a plus in terms of the business development of the firm. This institutional backing shows that even traditional investors are more engaged within the industry as they are willing to accept cryptocurrency exchanges as valid financial systems.
The idea of institutional investors’ involvement in Bullish IPOs demonstrates a self-regulatory situation in the crypto market since major financial players are now quite content with cryptocurrencies. This transformation can be significant in maintaining the industry’s further growth and implies that in the future, more crypto companies will become accessible to the public capital.
