Bullish Global, Backed by Peter Thiel, Considers IPO for 2025 with Jefferies Financial Group, BTC and ETH

Bullish Global, a cryptocurrency exchange operator backed by billionaire Peter Thiel, is considering an initial public offering (IPO) as early as this year. The firm, which had previously planned to go public in 2021 through a special purpose acquisition company (SPAC), paused those plans but is now reportedly working with Jefferies Financial Group to explore the potential listing. The discussions about the IPO come amid a broader interest in cryptocurrency markets, with notable assets such as Bitcoin (BTC) and Ethereum (ETH) continuing to attract investor attention.