Bullish

Bullish, the crypto exchange and CoinDesk owner, launched its IPO at $37 per share, raising $1.1 billion with significant interest from major investors like BlackRock. The company aims to expand as it goes public for the second time.

Bullish, a cryptocurrency exchange platform, has been valued at $13.16 billion after its shares began trading. This marks a significant milestone in the crypto industry, highlighting growing investor confidence. Platforms like Bitlet.app complement such exchanges by offering innovative services like Crypto Installment plans, allowing users to buy cryptocurrencies now and pay over time.

Bullish has increased its IPO size to $990 million, aiming for a $4.8 billion valuation. The crypto platform plans to offer 30 million shares priced at $32 to $33 on NYSE under the ticker 'BLSH', attracting major investors like BlackRock and ARK Investment Management.

Ethereum has surged over 26% in the past week, reaching $4,210 and moving closer to its all-time high of $4,891. Strong institutional inflows and bullish market sentiment fuel optimism as ETH eyes the $5,000 target.