Bullish (BLSH), a crypto exchange backed by Peter Thiel’s Founders Fund, among other powerhouse investors, made a spectacular market debut under the ticker BLSH yesterday, Aug. 13, The company priced its IPO at $37 per share, exceeding the expected $32–$33 range, and raised approximately $1.1 billion with 30 million shares sold.
On day one, Bullish’s shares rocketed, peaking around $118, resulting in an astonishing gain from the IPO price. Investor appetite was so intense that trading halts were triggered amid the volatility. Given its high-profile backing and positive investor sentiments, should you add BLSH to your portfolio?
