Peter Thiel-backed crypto exchange Bullish has confidentially filed for a Wall Street IPO, aiming to capitalize on renewed investor enthusiasm for digital assets amid Donald Trump’s pro-crypto stance and regulatory rollback promises. The move follows the collapse of Bullish’s 2021 SPAC deal. It comes in the wake of Circle’s record-breaking IPO and a broader resurgence of crypto listings in the Trump administration’s alignment with the crypto industry—bolstered by family-led initiatives and vocal endorsements—has helped drive Bitcoin past $100,000 and inspired exchanges like Gemini also to pursue public offerings.

Peter Thiel-backed Crypto Group Bullish Files for IPO