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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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Crypto exchange Bullish opens at $90, surges 143% in NYSE debut
Investing.com -- Cryptocurrency exchange Bullish began trading Wednesday at $90, 143% above its initial public offering price of $37 per share, almost immediately spiking into a volatility halt at $102.44.
The IPO price of $37 already exceeded the company’s previously announced range of $32 to $33 per share, giving Bullish a market value of $5.4 billion. Bullish raised $1.1 billion through the offering of 30 million shares.
Previously, the exchange, which also owns cryptocurrency news website CoinDesk, upsized its IPO from an originally proposed 20.3 million shares priced between $28 and $31 per share.
BlackRock and Cathie Wood’s Ark Investment Management are both major investors in the offering.
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