Peter Thiel-backed Bullish targets up to $4.82 billion valuation in upsized IPO

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Crypto exchange Bullish is targeting a valuation of up to $4.82 billion after upsizing its initial public offering on Monday, underscoring sustained investor interest in digital assets. The raise, still well below its $9-billion valuation target in a failed 2021 blank-check merger, showcases the expanding role that crypto companies are playing in the momentum built by the IPO markets. The sector's recent climb to a $4-trillion market value has boosted public market sentiment, with Grayscale and

Peter Thiel-backed Bullish targets up to $4.82 billion valuation in upsized IPO https://www.channelnewsasia.com/ - 11.08.2025 15:03

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Peter Thiel-backed Bullish targets up to $4.82 billion valuation in upsized IPO https://www.channelnewsasia.com/ - 11.08.2025 15:03