Bullish on the New York Stock Exchange: a crypto exchange's step into the world of traditional finance

The cryptocurrency exchange Bullish successfully debuted on the NYSE under the ticker BLSH on August 13. During the offering, the company raised approximately $1.1 billion, and the initial stock price was $37, which gave the business a valuation of over $5 billion.

Bullish positions itself as a premium platform for institutional investors. The priorities are a transparent trading infrastructure, high liquidity, and support for major crypto assets, including Bitcoin and Ethereum. Access to the traditional stock market opens up the company to new sources of capital and enhances its credibility in the eyes of regulators and partners.

Experts note that the appearance of Bullish on the NYSE is yet another signal of the convergence between traditional finance and the crypto industry. For the sector, this means that major players are ready to operate in the legal field, and the institutional segment continues to increase its presence in digital assets.