🚀 Bullish Files for IPO as Trump Pumps the Crypto Vibes

Peter Thiel–backed exchange Bullish just filed to go public — again. But this time, it’s betting big on Bitcoin at 100K, Trump in the White House, and crypto going full Wall Street.

🔍 Bullish Goes Public (Again)

After a flop in 2021, Bullish is back in the IPO ring — now filing confidentially with the U.S. SEC. That means no public financials (yet), but all the signals are green.

• 💸 IPO underwriter: Jefferies
• 💼 CEO: Tom Farley (ex–NYSE president)
• 🧠 Backer: Peter Thiel
• 🌊 Timing: Right as crypto markets are boiling over

It’s a high-stakes redo — but the climate has changed since last time.

🇺🇸 Why Now? Trump’s Crypto Pivot Changes Everything

The big catalyst? Donald Trump is back — and suddenly, crypto is cool in Washington.

• 🔥 Trump’s no longer anti-Bitcoin — he’s publicly backing it
• 🧢 Don Jr. & Eric Trump are shilling crypto at conferences
• 🏛️ Trump Media is launching a “Bitcoin treasury”
• 🧹 Biden-era restrictions? Rolled back

The result? Bitcoin broke 100K, and companies like Bullish see a clear runway to the public markets.

📈 IPO Season Is Heating Up

Bullish isn’t the only one making a Wall Street play:

• 🪙 Circle just IPO’d, raised 1.1B, and surged +168% on Day 1
• 👯‍♂️ Gemini (Winklevoss twins) has filed confidentially too
• 🧾 Pro-crypto donors and political money are flooding in

There’s momentum — and Bullish wants in while the iron (and Bitcoin) is hot.

🌊 What Makes Bullish… Bullish?

Bullish isn’t trying to be Coinbase 2.0. It’s marketing itself as:

• ⚙️ A blockchain-native exchange
• 🔄 Offering deep liquidity and tight spreads
• 🧑‍💼 Led by Wall Street veteran Tom Farley

Add Peter Thiel’s influence and Trump-era tailwinds, and Bullish looks like a sharp bet in a newly aligned U.S. crypto-finance ecosystem.

🏛️ A Bigger Signal for the Industry

Bullish’s IPO is more than just one company’s comeback story. It’s a litmus test for crypto’s normalization.

What was once fringe now has:

• 🔹 Presidential backing
• 🔹 Billion-dollar IPOs
• 🔹 TradFi execs running crypto exchanges

If Bullish succeeds, it may be the clearest sign yet that crypto isn’t knocking on Wall Street’s door anymore — it’s already inside.

⚡ TL;DR

🚀 Bullish filed for IPO with the SEC (again), led by ex-NYSE chief Tom Farley 🇺🇸 Trump’s return has reignited U.S. pro-crypto sentiment 💸 Bitcoin > 100K, Biden-era crackdowns rolled back 📈 Circle and Gemini are also racing to IPO 📊 Bullish is betting on deep liquidity, political tailwinds, and Wall Street street cred

The question isn’t “Will crypto go mainstream?” — it’s who gets there first.