💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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Recently, the digital money industry welcomed a significant piece of news. Bullish, the parent company of the well-known crypto assets news website CoinDesk, has gone public on the U.S. stock market through an initial public offering (IPO). The company's stock code is BLSH, and its performance on the first day has caught the attention of the market.
At the start of trading, BLSH's stock price showed a strong upward momentum. Compared to the issue price of 37 dollars, the opening price jumped directly to 90 dollars, an increase of over 143%. This strong opening not only reflects investor confidence in Bullish Company but also indirectly confirms the development potential of the Crypto Assets industry.
It is worth noting that during the collective bidding phase before the official opening, the stock price of BLSH had already shown an upward trend. From the initial range of 55 to 60 dollars, it climbed all the way up to a high of 89 to 90 dollars. This strong buying intent laid the foundation for a high opening of the stock.
Through this IPO, Bullish successfully raised approximately $1.11 billion in funding. This funding will undoubtedly provide strong support for the company's future development, including potential business expansion, strengthening technology research and development, or acquiring other related companies.
The successful IPO of Bullish is not only a milestone for the company itself but also an important signal for the development of the entire Crypto Assets industry. It indicates that the traditional financial market's recognition of the Digital Money sector is increasing, and it also suggests that the boundaries between the two fields may become increasingly blurred.
As industry leaders like Bullish enter the public market, we can expect to see more innovation and development, which will undoubtedly bring positive impacts to the entire Crypto Assets ecosystem. However, investors should also remain rational and closely monitor market trends and potential risks.