Cryptocurrency exchange Bullish reported a quarterly loss in its U.S. IPO filing, contrasting with last year’s profit. Other crypto firms like Gemini and Grayscale are also eyeing U.S. listings. President Trump’s tariffs had slowed IPOs, but sentiment is changing. Bullish reported a net loss of $348.6 million, compared to a profit of $104.8 million last year. Despite a failed attempt in 2021, Bullish plans to list on the NYSE under “BLSH”. J.P. Morgan, Jefferies, and Citigroup are underwriters for the offering.

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