Bullish (BLSH) USD Price

Bullish is a cryptocurrency exchange that is backed by billionaire tech investor Peter Thiel, among others. It positions itself as an institutionally-focused digital asset platform and is involved in providing market infrastructure for digital assets. Bullish owns CoinDesk and CoinDesk Indices, and it has been actively working to establish itself in the public markets.

Recently, Bullish went public through an initial public offering (IPO) on the New York Stock Exchange, raising $1.1 billion by selling 30 million shares at $37 each. The shares saw significant interest, with their value rising over 150% during their debut. The company aims to leverage this public status to increase its credibility, access to capital, and potential for strategic acquisitions.

Bullish also collaborates with stablecoin issuers and has integrated various stablecoins into its transactions, including Paxos’ USDG, PayPal’s PYUSD, Ripple’s RLUSD, Agora’s AUSD, and World Liberty Financial's USD1.