Latest news with #Bullish
Yahoo
2 days ago
- Business
- Yahoo
Peter Thiel投資的加密幣交易所Bullish邁向IPO
MoneyDJ新聞 2025-07-21 13:58:27 記者 李彥瑾 報導 近期多檔個股在美掛牌後表現亮眼，讓一度備受冷落的IPO市場重拾動能。近日，知名創投資本家Peter Thiel支持的加密貨幣交易所Bullish也送件申請上市，有望延續加密貨幣產業IPO熱潮。 CNBC等外媒報導，Bullish 18日正式向美國證券交易委員會（SEC）遞件申請IPO，若送件審查順利，將以代號「 廣告 廣告 截至2025年3月底，Bullish自成立以來累計經手的交易量突破1.25兆美元。 Bullish是成立於2020年的加密貨幣交易所，創始大股東除了Thiel的創投基金Founders Fund和Thiel Capital，還有野村證券（Nomura）、知名幣圈大佬Mike Novogratz等。 Bullish於2023年收購加密貨幣新聞網站CoinDesk，擴大事業版圖。 在高利率環境下，過去三年美股IPO市場吹冷風，不過今年回溫訊號浮現，其中最熱門IPO案莫過於穩定幣巨頭Circle（ 廣告 廣告 7月18日，美國總統川普正式簽署《GENIUS法案》（GENIUS Act），明定聯邦層級監管架構，全面納管穩定幣。新法施行後，穩定幣發行商須遵守嚴格規範，包括須持有足夠的儲備資產（如美元現金、美國公債等），每發行一枚穩定幣，即有等值法幣資產存入託管銀行作擔保，透過監管讓風險降至最低。 （圖片來源：Bullish） ＊編者按：本文僅供參考之用，並不構成要約、招攬或邀請、誘使、任何不論種類或形式之申述或訂立任何建議及推薦，讀者務請運用個人獨立思考能力，自行作出投資決定，如因相關建議招致損失，概與《精實財經媒體》、編者及作者無涉。 延伸閱讀： 川普傳擬讓退休基金投資加密貨幣/黃金 比特幣嗨 對關稅麻木無感 比特幣再創新高衝破118,000美元 資料來源-MoneyDJ理財網
Yahoo
4 days ago
- Business
- Yahoo
Crypto Exchange Bullish Files for U.S. IPO
Crypto exchange Bullish has filed for a public listing in the United States, according to a new F-1 registration filing. The company, which is owned by Bullish Global (the parent company of CoinDesk), plans to trade on the New York Stock Exchange under the ticker 'BLSH.' Bullish, headquartered in the Cayman Islands, operates an institutional trading platform offering spot and derivatives trading and liquidity services, according to the filing. The exchange reported $80 million in net income in 2024 and claims over $1.9 billion in liquid assets, including cash, bitcoin, stablecoins and other digital assets, the filing said. It reported a net loss of $349 million for the three months ended on March 31, 2025, a contrast to the $104.8 million net profit it reported for the three-month period ending on March 31, 2024.
Yahoo
5 days ago
- Business
- Yahoo
Peter Thiel-Backed Crypto Exchange Bullish Files for IPO
(Bloomberg) -- Bullish, a digital-asset exchange operator whose backers have included billionaire Peter Thiel, filed for an initial public offering in the latest push onto public markets by cryptocurrency companies. The Dutch Intersection Is Coming to Save Your Life Mumbai Facelift Is Inspired by 200-Year-Old New York Blueprint Advocates Fear US Agents Are Using 'Wellness Checks' on Children as a Prelude to Arrests LA Homelessness Drops for Second Year How San Jose's Mayor Is Working to Build an AI Capital The company, based in the Cayman Islands, had a net loss of about $349 million on digital-asset sales of $80 million in the first quarter, compared with net income $105 million on roughly the same sales a year earlier, according to its filing Friday with the US Securities and Exchange Commission. The filing sees Bullish joining a growing number of crypto companies pursuing public listings this year, either through conventional IPOs, merging with blank-check vehicles or reverse takeovers. The most notable was stablecoin issuer Circle Internet Group Inc., whose shares have surged as much as 750% above their IPO price in the first month following the $1.2 billion offering. Crypto firms in the US have benefited from the Trump administration's support of the industry and Congress advancing crypto legislation, culminating with this week's passage and signing of the Genius Act to regulate stablecoins. Led by Chief Executive Officer Tom Farley, Bullish's exchange offers crypto spot trading, margin trading and derivatives trading, but its margins and derivatives products aren't currently available in the US or to US users. 'We intend to IPO because we believe that the digital assets industry is beginning its next leg of growth,' Farley wrote in a letter to investors in Friday's filing. 'We view transparency and compliance as hallmarks of how we operate Bullish, and believe those values align well with the public capital markets,' he said. Bullish bought media outlet CoinDesk from Digital Currency Group in 2023 for an undisclosed amount. Bullish's biggest investors include CEO Brendan Blumer, Pu Luo Chung VC Private Ltd. and Ale xander See, and affiliates of them, according to the filing. The company announced in 2021 that it planned to go public through a special purpose acquisition vehicle, but it put that plan on hold. The offering is being led by JPMorgan Chase & Co., Jefferies Financial Group Inc. and Citigroup Inc. The company plans to make its debut on New York Stock Exchange under the symbol BLSH. (Updates throughout with more details, background.) A Rebel Army Is Building a Rare-Earth Empire on China's Border What the Tough Job Market for New College Grads Says About the Economy Godzilla Conquered Japan. Now Its Owner Plots a Global Takeover How Starbucks' CEO Plans to Tame the Rush-Hour Free-for-All Why Access to Running Water Is a Luxury in Wealthy US Cities ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Bullish Files for IPO in Latest Crypto Push Onto Public Market
(Bloomberg) -- Bullish, the digital-asset exchange and owner of news and data website CoinDesk, filed for an initial public offering in the latest example of the cryptocurrency industry's aggressive push onto public markets. The Dutch Intersection Is Coming to Save Your Life Mumbai Facelift Is Inspired by 200-Year-Old New York Blueprint Advocates Fear US Agents Are Using 'Wellness Checks' on Children as a Prelude to Arrests LA Homelessness Drops for Second Year How San Jose's Mayor Is Working to Build an AI Capital The offering is being led by JPMorgan Chase & Co., Jefferies Financial Group Inc., Citigroup Inc., Cantor Fitzgerald LP, Deutsche Bank and Societe Generale. The company plans for its shares to trade on the New York Stock Exchange under the symbol BLSH. 'We intend to IPO because we believe that the digital assets industry is beginning its next leg of growth,' Farley wrote in a letter to investors in a filing with the US Securities and Exchange Commission. 'We view transparency and compliance as hallmarks of how we operate Bullish, and believe those values align well with the public capital markets.' The company, which is headed by former New York Stock Exchange executive Tom Farley, had a net loss of $348.6 million in the three months ended March 31, compared with net income of $104.8 million in the same period a year earlier, according to its filing late Friday. The company raised an estimated $400 million in an early stage venture-capital fundraising round in May 2021, with participation from Black Toro Capital and Presight Capital, according to data provider PitchBook. The filing comes after Gemini Space Station, the crypto outfit controlled by billionaire twins Tyler and Cameron Winklevoss, announced in early June it had filed confidentially for an IPO. Earlier this week, Grayscale Investments, the crypto asset manager controlled by Barry Silbert's Digital Currency Group, said it had confidential submitted a draft registration statement with the SEC but did not explicitly say it was planning an IPO. Activity in the sector has been fueled in part by a surge of more than 600% for stablecoin issuer Circle Internet Group since its June IPO, easily this year's best performing US stock-market debut. A Rebel Army Is Building a Rare-Earth Empire on China's Border What the Tough Job Market for New College Grads Says About the Economy Godzilla Conquered Japan. Now Its Owner Plots a Global Takeover How Starbucks' CEO Plans to Tame the Rush-Hour Free-for-All Why Access to Running Water Is a Luxury in Wealthy US Cities ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNA
5 days ago
- Business
- CNA
Crypto exchange Bullish's US IPO filing reveals quarterly loss
Cryptocurrency exchange Bullish on Friday disclosed a quarterly loss compared to a year-ago profit in its paperwork for a U.S. initial public offering, amid rising investor interest in the sector. Bullish joins crypto exchange Gemini and crypto-focused asset manager Grayscale — both of which have confidentially filed for potential U.S. listings. Uncertainty surrounding President Donald Trump's tariff policies had slowed down the IPO market, but sentiment has recently shifted. Stablecoin giant Circle Internet's blockbuster debut highlights pent-up demand and renewed vigor in the capital markets. Bullish, in its filing with the U.S. securities regulator, reported a net loss attributable of $348.6 million for the three months ended March 31, compared to a profit of $104.8 million last year. The Peter Thiel-backed company had attempted to go public through a special purpose acquisition company in 2021 but that deal fell through in 2022 amid a regulatory crackdown and a sudden rise in interest rates. Bullish is expected to list on the NYSE under the symbol "BLSH". J.P Morgan, Jefferies and Citigroup are among the underwriters for the offering.
