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Bullish shares jump after strong NYSE debut

ReutersAug 14, 2025 8:35 AM

Cryptocurrency exchange operator Bullish BLSH.N shares up 11.5% premarket

Currently trading at $75.3 vs $37 IPO price

Co valued at ~$13.16 billion in NYSE debut

BLSH's debut is a rare U.S. listing by a crypto exchange, joining Coinbase COIN.O , the first crypto firm added to the S&P 500 .SPX index in May

Co raised $1.11 billion in an upsized IPO by selling 30 million shares, above its already bumped-up marketed range

BLSH, led by former NYSE president Tom Farley, runs an exchange offering spot crypto, futures, and derivatives trading

JPMorgan, Jefferies, and Citigroup were the lead underwriters for the IPO

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