Peter Thiel-Backed Bullish Crypto Exchange Files for IPO with SEC

Crypto exchange Bullish, backed by Peter Thiel, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). This filing marks an important step for the firm, which comes as optimism grows in the crypto market, following the recent signing of the GENIUS Act by President Donald Trump.

The bill aims to provide regulatory clarity for the cryptocurrency industry, and now, Bullish seeks to capitalize on this momentum as it moves toward becoming a publicly traded company.

Bullish Files for IPO With US SEC

Founded in 2020, Bullish aims to serve institutional investors with a global digital asset platform. The firm describes itself as a provider of mission-critical market infrastructure and services. With a focus on driving the adoption of stablecoins, digital assets, and blockchain technology, Bullish hopes to empower both institutions and individual users alike.

“We aim to provide customized execution that meets the needs of institutional clients while promoting the mainstream adoption of blockchain-based assets,” the company stated. The firm also plans to create a robust, compliance-first infrastructure that can serve the growing demand for crypto services in the financial world.

In its IPO filing, Bullish listed J.P. Morgan, Jefferies, Citigroup as underwriters to lead the offering. Additionally, Cantor, Deutsche Bank, Societe Generale, Canaccord Genuity, Keefe, Bruyette & Woods, and Oppenheimer will also play the role of underwriters.

This Is A Developing News, Please Check Back for More

Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary .


With a Bachelor’s degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets.


His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content.


Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape.


Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.