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Bullish IPO: Unpacking the Business Model & Investment Opportunity

Updated: Sep 12

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Bullish's IPO is confirmed to begin trading on Wednesday, August 13, 2025. That’s tomorrow, with the offering priced tonight, August 12, and the stock listed on the New York Stock Exchange under the ticker symbol BLSH. The deal is oversubscribed and has attracted immense institutional interest, with adjustments to both the share count and pricing, now set at 30million shares at $32–$33 each, valuing Bullish at approximately $4.82billion.

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