Peter Thiel-backed crypto group Bullish files for Wall Street IPO

Description

Cryptocurrency exchange Bullish has filed for a US initial public offering as the Peter Thiel-backed group seeks to tap surging investor demand for digital assets under the Trump administration.

Authors

Antoine Gara

Oliver Barnes

George Steer

Publish date

June 11, 2025

Publisher

The Financial Times

Web URL

https://www.ft.com/content/1f0442f9-48f5-4fe3-890b-9acbb7057d2f

Referenced by

Bullish describes itself as a blockchain-based crypto exchange offering ‘market leading order depth and consistently tight spreads’.

Crypto news

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Trump’s friendliness to the industry has helped propel the price of bitcoin above $100,000, while a flurry of crypto-related listings have dragged the US IPO market back to life after a slow start to the year.

Crypto news

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Confidential filings allow companies to progress their listing plans before publicly revealing their financials closer to pursuing a flotation

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