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Bullish Crypto Exchange Charges Toward $4.8B Valuation With BlackRock & Ark Invest Backing Its Blockbuster IPO
Bullish Crypto Exchange Charges Toward $4.8B Valuation With BlackRock & Ark Invest Backing Its Blockbuster IPO
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Crypto's latest Wall Street darling just upped the ante.
Bullish Exchange—the digital asset platform that's been quietly assembling institutional heavyweights—is now eyeing a $4.8 billion valuation in what could be 2025's most hotly anticipated public debut.
BlackRock and Cathie Wood's Ark Invest are anchoring the deal, proving even traditional finance giants can't resist crypto's siren song when the fees are juicy enough.
The upsized offering signals mounting confidence in crypto infrastructure plays, though skeptics whisper this could just be bankers recycling 2021's playbook with fresh branding.
One thing's certain: When the whales start feeding, the entire market pays attention.
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