Peter Thiel-Backed Crypto Exchange Bullish Confidentially Files for US IPO

Cryptocurrency exchange Bullish, backed by billionaire investor Peter Thiel, has confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering, according to the Financial Times.

The company, which owns crypto media CoinDesk, is reportedly seeking a Wall Street listing as demand for digital-asset exposure accelerates under the Trump administration. The Financial Times said Bullish has not yet disclosed the size, valuation or timing of the offering.

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