#BullishIPO Bullish's $1.11B IPO on NYSE valued it at $5.4B, with shares surging 218% intraday to $118.
- Institutional-focused strategy and support from BlackRock/ARK secured $200M in pre-IPO commitments.
- Regulatory progress including NY BitLicense and Trump's Genius Act boosted market confidence.
- Q1 2025 losses contrast with projected Q2 $106M-$109M profit amid $250B 2024 trading volume growth.
- Institutional-focused strategy and support from BlackRock/ARK secured $200M in pre-IPO commitments.
- Regulatory progress including NY BitLicense and Trump's Genius Act boosted market confidence.
- Q1 2025 losses contrast with projected Q2 $106M-$109M profit amid $250B 2024 trading volume growth.