Peter Thiel-backed crypto exchange Bullish files for US IPO: FT

Description

The Peter Thiel-backed crypto exchange joins a growing list of firms seeking to go public as investor optimism returns under the Trump administration.

Authors

Amin Haqshanas

Publish date

June 11, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/peter-thiel-backed-bullish-files-us-ipo

Referenced by

American investment bank Jefferies has been tapped as the lead underwriter for the offering, per the report.

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The company, which previously attempted to go public via a special purpose acquisition company (SPAC) deal in 2021, saw its earlier efforts collapse as markets soured amid rising interest rates.

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The move positions Bullish among a wave of crypto companies looking to capitalize on renewed investor enthusiasm and a friendlier regulatory tone under US President Donald Trump.

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