Bullish Poised for NYSE Listing Amid Strong Demand
The post Bullish Poised for NYSE Listing Amid Strong Demand appeared on BitcoinEthereumNews.com.
Key Points: Block.one’s Bullish Exchange preparing for NYSE debut on August 13. Oversubscription signals strong market interest in Bullish Exchange. Potential impacts on crypto asset sentiment and exchange liquidity. Block.one’s Bullish platform plans to list on NYSE with ticker BLSH on August 13, 2025, attracting strong investor interest and potential oversubscription. This listing marks a significant moment for cryptocurrency exchanges, signifying growing institutional acceptance and potential liquidity surge, despite unconfirmed EOS renaming reports. Block.one’s Bullish Prepares for $975 Million IPO Bullish’s imminent listing on the NYSE marks a major milestone for Block.one’s ecosystem. CEO Tom Farley leads the charge, overseeing the IPO’s expanded issuance, which has been met with strong market recognition and capital interest. Underwriters include J.P. Morgan, Jefferies, and Citigroup, enhancing credibility with their involvement. The listing proposes 30 million shares at approximately $32 to $33 each, seeking gross proceeds of around $975 million. This updated range indicates robust demand, although precise figures are subject to confirmation as the NYSE deadline approaches. Potential conversion of proceeds into stablecoins is delineated in disclosed plans. Market observers have acknowledged the IPO’s high interest, as reflected in comments from asset management entities like BlackRock and ARK Investment Management, which have shown non-binding interest of up to $200 million. With the listing date looming, the exchange’s equity introduction continues to generate considerable buzz. Tom Farley, CEO, Bullish, stated, “We are excited to bring Bullish to the public markets and are committed to leveraging our innovative technology to revolutionize the digital asset marketplace.” Institutional Interest Fuels Bullish’s NYSE Ambitions Did you know? EOS’s anticipated NYSE journey reflects historical trends where emerging exchanges impact asset liquidity and market dynamics, akin to Coinbase’s direct listing in 2021. According to CoinMarketCap, EOS is currently valued at $0.53, with no existing market cap or circulating supply. Its…
Filed under: News - @ August 12, 2025 8:26 am