Cryptocurrency exchange operator Bullish debuted on the NYSE, valuing at $13.16 billion as shares doubled, reflecting investor confidence in the sector. Parent company of CoinDesk raised $1.11 billion in its IPO, valuing at $5.4 billion. Bullish stock opened at $90, trading over 150% its IPO price. Regulatory wins, corporate adoption, and ETF inflows boost investor interest in digital assets. Gemini and Grayscale have filed to go public. Bullish plans to use IPO proceeds for stablecoins, targeting institutional clients. Bullish CEO Tom Farley was previously NYSE president.
Read more at Yahoo Finance: Crypto exchange Bullish valued at nearly $13.2 billion in blowout NYSE debut
