Bullish, a crypto exchange, files for IPO in the US, planning to list on NYSE as “BLSH.” Financials show $80M net income in 2024 but $349M net loss in Q1 2025. The exchange reports $1.9B in liquid assets. Subsidiaries in six jurisdictions support its operations, including Hong Kong.

Recent successes in crypto IPOs as Circle raised $1.1B and Gemini filed for a US listing. Bullish’s move comes after failed SPAC attempt in 2021 amid market challenges. Trump signs GENIUS Act, first US legislation to regulate crypto, focusing on stablecoin market worth $250B. bipartisan support and industry leaders present at signing.

Read more at Cointelegraph.: Bullish Files for US IPO, Plans NYSE Listing Under “BLSH”