In the wake of a significant upswing in the cryptocurrency market, crypto exchange Bullish Global is reportedly contemplating an initial public offering (IPO) in 2025.
What Happened: Bullish Global, a subsidiary of Block.one, is considering its first public share sale in 2025, as per a Bloomberg report on Wednesday. The company is said to be collaborating with Jefferies Financial Group on the potential listing.
Bullish Global, led by CEO Tom Farley, has over 275 employees globally and operates in Hong Kong, the U.S., and Europe. The parent company, Block.one, is steered by Brendan Blumer and has the backing of Peter Thiel, Alan Howard, and Richard Li.
Founded in 2021, Bullish manages approximately $10 billion in …
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