TechFlow, August 8 — According to analysts at BiyaPay, Bullish (ticker: BLSH), the digital asset exchange backed by Silicon Valley investor Peter Thiel, is set to list on the New York Stock Exchange on August 13, 2025. The offering price range is set between $28 and $31, with a maximum fundraising of $629 million and a valuation reaching $4.2 billion. BlackRock and ARK Fund have expressed interest in subscribing to $200 million worth of common stock.
Bullish holds over $3 billion in liquid assets, including 24,000 bitcoins, 12,600 ether, and more than $400 million in cash and stablecoins. Committed to serving institutional investors, Bullish aims to promote the adoption of stablecoins and digital assets. In the first quarter of 2025, Bitcoin trading volume on the Bullish platform reached $108.6 billion, a 36% year-on-year increase.
Meanwhile, BiyaPay offers users seamless global trading experiences, supporting USDT-based trading of U.S. and Hong Kong stocks. Users can participate in real-time stock trading without applying for offshore accounts, easily bridging the gap between cryptocurrency and stock markets to seize more investment opportunities.
The upcoming listing of Bullish and its robust asset reserves signal a new phase of growth for the digital asset market, while BiyaPay’s comprehensive support provides cryptocurrency investors with more flexible investment options.
