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Crypto Platform Bullish Shares Debut Above $100, More Than Doubling IPO Price
“Bullish's $1.1 billion IPO raise reflects growing institutional confidence in the crypto exchange sector, driven by a favorable regulatory environment under the Trump administration and Bitcoin's surge past $100,000,” said Ryan Lee, chief analyst at Bitget Research.
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It's been a busy year for crypto-related stock listings. Bullish, founded in 2021 and backed by Peter Thiel, is the latest.
Olga Kharif writes about how early devotion to a brand or project doesn’t guarantee future rewards, especially in crypto.
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