A Renaissance in IPO Mania The IPO market in 2025 has been a hotbed of opportunity, particularly for crypto-related companies capitalizing on a favorable regulatory environment and surging investor enthusiasm.

Wall Street is buzzing about the Bullish IPO. The Peter Thiel-backed crypto company went public on August 13, and BLSH stock nearly doubled in its market debut.

Bullish (BLSH), a crypto exchange backed by Peter Thiel’s Founders Fund, among other powerhouse investors, made a spectacular market debut under the ticker BLSH yesterday, Aug. 13, The company priced its IPO at $37 per share,