Bullish, a cryptocurrency exchange backed by prominent investor Peter Thiel, has officially submitted its application for an initial public offering (IPO) to the Securities and Exchange Commission (SEC). This strategic move is designed to capitalize on the growing excitement and interest among cryptocurrency investors that has surged during the presidency of Donald Trump, as reported by the Financial Times. The filing indicates Bullish's intent to leverage the current market conditions and investor sentiment in the crypto space, which has seen significant developments and increased participation in recent years.
