A crypto exchange backed by billionaire investor Peter Thiel is seeking to file for an initial public offering (IPO) worth over $4.2 billion. According to a new Reuters report, the billionaire-backed Bullish is targeting a $4.23 billion valuation for its upcoming US IPO. Bullish reportedly plans to invest many of the IPO funds in US-dollar-backed stablecoins. Bullish plans to offer 20.3 million shares priced between $28-$31, seeking up to $629 million. The news comes on the heels of another Thiel-backed firm, BitMine, announcing that it has accumulated over $3 billion…
Tag: Exchange
Peter Thiel-backed Bullish Exchange Targets $4.2B Valuation in Second IPO Bid
Key Notes The exchange targets a $4.2 billion valuation, significantly lower than its abandoned $9 billion goal from 2021. Major underwriters including JP Morgan and Citigroup will help convert substantial IPO proceeds into stablecoins. This offering follows Circle’s successful $1.05 billion IPO amid growing crypto-friendly US regulatory environment. Bullish, a cryptocurrency exchange based in the Cayman Islands, looks to raise $629.3 million through an initial public offering (IPO) in the US. The company backed by billionaire Peter Thiel, intends to trade under the symbol “BLSH,” and will offer 20.3 million…
Crypto Exchange Bullish Targets Up to $629M in NYSE IPO, Backed by BlackRock and ARK
Crypto firm Bullish plans IPO that could raise up to $629 million, joining a growing list of blockchain companies seeking capital as regulatory sentiment shifts in their favor, Coindesk reported. The company has filed to list 20.3 million shares on the New York Stock Exchange under the ticker “BLSH” at a price range of $28 to $31. At the top of that range, the offering would be valued Bullish at approximately $4.2 billion, according to its updated F-1 filing with the U.S. Securities and Exchange Commission. The IPO includes an…
Backpack Exchange Integrates Sei Network for Enhanced Blockchain Accessibility
Tony Kim Aug 02, 2025 02:48 Backpack Exchange integrates Sei Network, enhancing digital asset interaction with an ultra-fast Layer 1 blockchain. This move aims to improve user experience and accessibility in crypto trading. Backpack, a prominent crypto exchange and self-custodial wallet platform, has announced its integration with Sei Network, an ultra-fast Layer 1 blockchain. This development marks a significant step in enhancing the accessibility and efficiency of digital asset interaction, according to Sei’s official announcement. Enhancing User Experience The integration positions Backpack…
Crypto Exchange MEXC Targets Traders With New USDT-Settled Stock Futures
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss…
Crypto Exchange USA Growth: Gate Leads New Wave
The crypto exchange USA landscape is evolving rapidly in 2025, with established global players entering or reentering the American market. One of the latest platforms to join the fray is Gate.io, which has officially launched spot trading services in the United States. Founded in 2013 by Chinese scientist Lin Han, Gate has long been one of the world’s largest exchanges by trading pairs and volume. Its U.S. launch signals both renewed regulatory clarity and growing optimism about the American crypto sector. Why Gate Is Betting on the U.S. Market Gate’s…
Crypto exchange Gate Launches Spot Trading Services in US
Crypto exchange Gate is launching in the United States, offering spot trading services to US customers for the first time. Founded in 2013 by Chinese scientist Lin Han, the company cited improved regulatory clarity in the country as the reason behind the move. According to Gate, it will initially offer crypto trading pairs for US customers, with upcoming services for fiat on- and off-ramps and support for custodial wallets. As of July 24, the exchange offered over 3,800 trading pairs on its platform, one of the largest asset varieties in…
Falcon Finance Has USDf Listed on VOOI’s Omnichain Perps and RWA Exchange
August 1st, 2025 – Dubai, UAE Synthetic dollar protocol Falcon Finance has announced that USDf has been listed on VOOI’s omnichain perps and RWA exchange. The stablecoin can be used as a base currency for trading a range of real-world assets on VOOI, adding further utility to USDf and unlocking new opportunities for its holders. The listing of USDf on VOOI’s perps and RWA marketplace will deepen the stablecoin’s liquidity and expand global access. It can now be utilized on VOOI to trade US markets including TSLA and $GOOG alongside…
Employee of Indian Exchange Arrested in $44M Crypto Hack, Malware Blamed
Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but downplay the chances of recovery. Malware Infiltration Leads to Major Heist Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft, but authorities admit they face […] Source
Coinbase Unveils ‘Everything Exchange’ Plan to Bridge Crypto, Derivatives, Equities
Coinbase is unleashing its vision for the everything exchange, merging millions of tokens, derivatives, and equities into one onchain platform set to redefine global finance. Everything Exchange Vision Unveiled as Coinbase Moves to Onboard All Tradable Assets Crypto exchange Coinbase (Nasdaq: COIN) unveiled a sweeping vision to become the “everything exchange” on July 31, coinciding […] Source