CoinDesk owner Bullish prices IPO above range to raise over $1.1 billion


FILE PHOTO: A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper/File Photo

NEW YORK (Reuters) -Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel amongst its backers, said its U.S. initial public offering was priced above its indicated range at $37 per share.

The offering raised $1.11 billion for Bullish based on 30 million shares sold and valued the company at $5.41 billion.

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