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Tech IPOs are roaring after 'years of Prohibition' — it may be too good

Brendan Blumer, Chairman of of Bullish and Tom Farley, CEO of Bullish, Bullish a cryptocurrency exchange operator, pose with staffs during the company's IPO at the New York Stock Exchange in New York City, U.S., August 13, 2025. The Bullish IPO this week took on added significance, perhaps because of the company name. When shares of the Peter Thiel-backed cryptocurrency exchange more than doubled out of the gate on Wednesday before finishing the day up 84%, it was the latest sign that the tech

Crypto exchange Bullish raises IPO size, seeks nearly $5 billion valuation

Peter Thiel-backed cryptocurrency exchange Bullish raised the size of its initial public offering. Bullish is aiming to raise $990 million, offering 30 million shares priced between $32 and $33 apiece, and targeting a valuation of $4.8 billion, according to a Monday filing with the Securities and Exchange Commission. The company, led by former New York Stock Exchange president Tom Farley, had previously marketed 20.3 million shares at a proposed range between $28 and $31 a share and sought a $

Peter Thiel-backed cryptocurrency exchange Bullish files to go public on NYSE

Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. The Peter Thiel-backed cryptocurrency exchange Bullish filed for an IPO on Friday, the latest digital asset firm to head for the public market. The company, led by CEO Tom Farley, a veteran of the finance industry and former president of the New York Stock Exchange, said it pl

Show HN: TrendFi – I built AI trading signals that self-optimize

This signal was generated by AI for research purposes only. It is not financial advice, and profitability is not guaranteed. Always use your judgment or consult a licensed financial advisor before making investment decisions. Early indications suggests Bitcoin may be on the verge of a bullish reversal. A significant upward move could unfold.