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Cryptocurrency exchange operator Bullish (BLSH) opened for trade on Wednesday afternoon at $90 per share, nearly triple the $37 where the company priced its IPO. Shortly after opening for trade, Bullish stock traded hands as high as $112 per share, a more than 200% gain that gave the company a market cap north of $16…
Crypto exchange Bullish rocketed on Wednesday after the company raised about $1.1 billion in an initial public offering. The stock opened at $90 on the New York Stock Exchange, 143% above its IPO price of $37. Shares were then halted at around $102.44 per share. The Cayman Islands-headquartered company priced its IPO early Wednesday far above…
Cryptocurrency exchange operator Bullish (BLSH) is set to go public on Wednesday at a valuation north of $5 billion as the IPO market looks set to continue a strong summer. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, said Tuesday that it had priced its IPO at $37 per…
By Ateev Bhandari (Reuters) -Crypto exchange Bullish is targeting a valuation of up to $4.23 billion in its United States listing, the company said in a filing on Monday, launching its roadshow to capitalize on the momentum built by digital assets amid regulatory clarity. Companies leveraging crypto and related technologies have rallied on friendly policymaking…
Beijing’s police authority has unveiled a plan for liquidating cryptocurrencies confiscated in criminal cases by selling them through licensed exchanges in Hong Kong, a move that could aid the southern city’s efforts to become a virtual asset hub. The municipal Public Security Bureau in Beijing said on Thursday that it has partnered with the China…