A Stellar Debut for Bullish Bullish (NYSE:BLSH) is a cryptocurrency exchange that is backed by Peter Thiel. It made a thunderous entrance into the public markets with its initial public offering (IPO) yesterday,

It's been a busy year for crypto-related stock listings. Bullish, founded in 2021 and backed by Peter Thiel, is the latest.

BLSH stock nearly doubled in its market debut on Aug. 13, rising 90% above its IPO price to close at $70 per share. Now, the stock is up 20% on Aug. 14 and trading at $83.84 per share as investors clamor to buy shares in the crypto firm that caters to institutional investors.