Bullish applies for listing on the New York Stock Exchange, the cryptocurrency circle welcomes another heavyweight IPO.

Just as the capital frenzy triggered by the listing of stablecoin giant Circle gradually subsided, the cryptocurrency industry welcomed another heavyweight IPO: Bullish, which owns cryptocurrency exchanges and leading media outlets, has submitted a registration document to the US SEC, applying for listing on the NYSE. Founded in 2021, Bullish was incubated by blockchain company Block.one and Silicon Valley star investor Peter Thiel. Peter Thiel also participated in strategic investments through Founder Fund and Thiel Capital, with other contributors including Alan Howard and Nomura Securities. By the way, just two months after its establishment, Bullish tried to go public through a reverse merger listing on the US stock market, but due to increasing speculation about Fed rate hikes and continuous scandals in the cryptocurrency industry, it ultimately had to give up.