A Stellar Debut for Bullish Bullish (NYSE:BLSH) is a cryptocurrency exchange that is backed by Peter Thiel. It made a thunderous entrance into the public markets with its initial public offering (IPO) yesterday,

Much of the recent success of crypto has been driven largely by increasing adoption among institutional investors. Unlike its retail-focused peers, Bullish aims to provide mainly Bitcoin and Ethereum trading for institutional clients, limiting its exposure to riskier altcoins. This could help it stand out in a crowded market.

On August 12th Bullish announced the pricing of its upsized initial public offering of 30,000,000 ordinary shares at a public offering price of $37.00 per share. On its IPO debut the stock gained over 80% showing investor interest in this sector is not slowing down. As Bitcoin reached new highs, the timing of this IPO could not be better timed.