Crypto exchange Bullish demonstrates market confidence with $990M upsized IPO

11-8-2025 – Strong institutional appetite for digital asset exposure drove Bullish to dramatically expand its public offering, with the Peter Thiel-backed crypto exchange now seeking nearly $1 billion at a $4. 82 billion valuation—a clear signal that Wall Street’s crypto skepticism continues eroding. The upsized deal reflects growing conviction among traditional finance players that established crypto platforms [. source: https://www.cointrackdaily.com/crypto-exchange-bullish-demonstrates-market-confidence-with-990m-upsized-ipo/