Bullish IPO: Date, Price, Final Terms, S-1
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The Bullish IPO date was August 13th. The final IPO price is $37 per share, up from a range of $32-$33. The stock symbol is “BLSH” and the company trades on the NYSE.
IPO access was available via Moomoo, TradeStation ($500 minimum account), Robinhood, Webull, SoFi Invest, and Fidelity (more below).
Table of Contents
Recent Bullish News
08/13/2025: Bullish Allocated 20% of IPO Shares to Retail
08/11/2025: Bullish raises IPO size
08/04/2025: Bullish IPO Terms Updated
07/18/2025: Bullish files to go public on NYSE
Older news…
About Bullish
Bullish Global is an institutional-focused cryptocurrency exchange founded in 2021 by Block.one, the company behind the EOS.IO blockchain protocol. It is also the owner of the news website CoinDesk.
The company launched with $10 billion in capital contributed through digital assets and cash, with funding provided by prominent investors, most notably, Peter Thiel.
The platform offers a hybrid exchange model combining a traditional central limit order book (CLOB) with automated market making (AMM) with an institutional focus.
It aims to provide ample liquidity, tight spreads, and efficient price discovery.
Bullish also supports margin and derivatives trading, while operating as a regulated, full-reserve exchange (holds 100% of customer deposits in reserve).
Deloitte provides audits to ensure transparency and compliance in the highly regulated and scrutinized emerging fintech industry.
Interest in fintech IPOs is surging, with the success of Chime and Circle deals in recent memory, and Gemini and Kraken positioning to debut in the next six to twelve months.
The company is headquartered in the Cayman Islands with global offices in New York, London, Gibraltar, Singapore, and other major financial hubs.
Terms
- Bullish IPO Date: August 13th
- Stock Symbol: “BLSH”
- Exchange: NYSE
- Offering: 30,000,000
- IPO Price: $37 (up from 32-$33 per share)
- First Trade: $90
- First Trade Time: 1:00 pm ET
- First-Day High: $118
- First Day Close: $68
- Raise: $1+ billion
- IPO Valuation: ~$5.4 billion
- IPO Access: TradeStation (via Click Markets), Fidelity, Moomoo, SoFi Invest, Robinhood, and Webull
- Lead Underwriters: JPMorgan, Jefferies
Bullish F-1
Here’s the July 18th, 2025, PDF copy on the Bullish IPO filing.
Get all the latest filings on the SEC website.
Ownership
Bullish is now a publicly traded company owned by shareholders.
Before the IPO, prominent venture capital and individual investors in Bullish include Founders Fund, Thiel Capital, Nomura, Mike Novogratz, Brendan Blumer (Block.one CEO), Alan Howard, Louis Bacon, Richard Li, Christian Angermayer, and Galaxy Digital.
IPO Valuation
The Bullish IPO valuation was about $5.4 billion.
IPO Date
The Bullish IPO date was Wednesday, August 13th, 2025.
Bullish filed for an IPO on July 18th, 2025, preceded by reports of a confidential filing in June.
A previous attempt to SPAC failed in 2021-2022 as the IPO and SPAC markets froze due to market turmoil.
How to Invest in Bullish Stock
Bullish stock is now publicly traded. Buy the stock via any online broker using the stock symbol BLSH.
1. Participated in the Bullish IPO through a broker
When a company goes public, investors can sometimes buy the stock during the IPO at the IPO price.
A handful of online brokers (like the ones listed below) allow investors to invest in IPOs for free and low minimums.
These brokers are accepting indications of interest between August 4th and August 11th.
- TradeStation
- Moomoo
- Robinhood
- Webull
- Fidelity
- SoFi Invest
TradeStation customers need a minimum account balance of $500, plus, a free connected Click Markets account (this is where you place the order).
Webull offers IPO access through the app ($100 minimum). Fidelity customers must meet minimum eligibility requirements ($500k+ account).
Monitor this list of the best brokers for IPO investing to learn more about IPO access for retail investors.
Frequently Asked Questions (FAQs)
Is Bullish Publicly Traded?
Yes. Bullish became publicly traded on August 13th, 2025.
What is the Bullish Stock Price?
What is the Bullish Stock Symbol?
The Bullish stock symbol is “BLSH”
What Online Brokers Offered Access to the Bullish IPO?
These brokers are accepted orders and allocated shares to retail investors.
- TradeStation
- Moomoo
- Robinhood
- Webull
- Fidelity
- SoFi Invest
Bullish News Archive
06/10/2025: Bullish files for Wall Street IPO
02/04/2025: Bullish Weighs IPO
07/12/2021: Block.one launches Bullish Global with $10B in funding
Conclusion
Bullish’s debut on the NYSE marked its official entry into the public markets with both significant capital backing and a unique product built for institutional-grade crypto trading.
The company allocated 20% of IPO shares to retail investors, breaking the mold of a traditional IPO.
Its hybrid exchange model, full-reserve structure, and focus on transparency aim to restore credibility in a sector often clouded by volatility, regulatory headaches, and distrust.
Despite its crypto-celebrity pedigree and ambition, Bullish still has much to prove in a market where dominance is hard-won and customer trust is fragile.
The company’s failed 2021 SPAC attempt remains a reminder that timing and execution are everything in public markets, particularly in the ever-evolving crypto space.
Ordinary investors who missed the IPO can now evaluate the stock’s early trading performance, but should still proceed with caution. Conduct personalized due diligence before committing capital to Bullish stock.

Craig Stephens is a former IT professional who left his 19-year consulting career at the IRS to be a full-time finance writer. He started Access IPOs in 2016 to provide a resource for ordinary investors pursuing investment access to IPOs and pre-IPO startups. Craig studied Finance at Michigan State University and lives in Northern Virginia with his wife and three children. Learn more about Craig.
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