Crypto exchange Bullish targets $4.23 billion valuation in U.S. listing

August 4, 2025 8:09 AM EDT

Investing.com -- Crypto exchange Bullish is seeking a valuation of up to $4.23 billion in its upcoming initial public offering in the U.S., according to a filing released Monday.


The company has launched its IPO roadshow and wants to raise up to $629.3 million by offering 20.3 million shares priced between $28 and $31 each.


The crypto exchange plans to list on the New York Stock Exchange under the ticker symbol "BLSH".


J.P.Morgan, Jefferies and Citigroup (NYSE: C) are serving as the lead underwriters for the offering.


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