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Block.one's cryptocurrency exchange platform, Bullish Global, is considering going public through an IPO.

BlockBeats News, February 5th, it was reported that Bullish Global, the cryptocurrency exchange platform owned by Block.one, is considering an initial public offering (IPO). Sources say the company may launch its IPO as early as this year. Bullish Global has received investment from Silicon Valley top investor and billionaire Peter Thiel.


According to Bullish Global's website, the company provides financial services to the digital asset industry and operates a cryptocurrency exchange platform. In November 2023, the company acquired the cryptocurrency media platform CoinDesk, which was originally owned by Digital Currency Group.


Bullish Global and Block.one have not responded to requests for comments. (The Block)

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The Bullish offering price is set to be between $28 and $31, with 20.3 million shares being issued, raising up to $629 million. Based on the highest offering price, Bullish's valuation would reach $4.2 billion.
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