• bullish IPO
    Exchange

    Crypto Exchange Bullish Surpasses IPO Estimates, Raises $1.11 billion

    August 13, 2025 - By 

    Cryptocurrency exchange Bullish, which is backed by billionaire Peter Thiel, completed its initial public offering on Wednesday. It raised $1.11 billion by selling 30 million shares at $37 each, which is well above its targeted $32-$33 price range. The offering values the company at $5.41 billion.  The exchange began trading on the New York Stock Exchange under the ticker symbol “BLSH”. JPMorgan, Jefferies, and Citigroup served as lead underwriters for the deal. Institutional investors BlackRock and Cathie Wood’s Ark Investment Management committed to purchase up to $200 million worth of shares from the offering, demonstrating strong institutional appetite for crypto-related…

  • Cryptocurrency

    What Happened In Crypto Yesterday?

    August 8, 2025 - By 

    TL;DR Crypto market saw an uptick of 2.89% bringing the total market cap to $3.87 trillion.  SharpLink Gaming bolstered its treasury with 10,975 ETH ($42.79M), bringing its total to 532,194 ETH. SEC and Ripple have jointly dropped their years-long appeal with the U.S. Court of Appeals for the Second Circuit. ETH Headed To $4k? On August 7, SharpLink Gaming raised $200M to expand its ETH treasury, purchasing 10,975 ETH ($42.79M). Similarly, FG Nexus announced a $5B fundraising plan to build ETH reserves, echoing strategies from BitMine and MicroStrategy’s Bitcoin acquisitions. Ethereum had been underperforming for the past few months but…