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Bullish's stock price surged by 13.96% in pre-market trading on August 14, 2025, marking a significant rise for the cryptocurrency exchange.
Bullish's IPO has garnered attention from retail investors, who are considering the stock based on their personal risk tolerance and investing goals. The company's focus on
and is seen as a less risky investment compared to other cryptocurrencies, which could contribute to its appeal among investors.Bullish's stock price has seen substantial gains since its IPO, with the company's shares opening at $90, well above its planned IPO price of $37. The stock reached a high of $118 before closing at $68, indicating strong investor interest and confidence in the company's prospects.
Bullish's strategy of focusing on institutional clients and restricting trading to primarily Bitcoin and
is seen as a key factor in its success. This approach limits the company's exposure to riskier altcoins and positions it as a stable and reliable option for institutional investors.Bullish's IPO has been backed by high-profile investors, including Peter Thiel and
, as well as and Cathie Wood's ARK Investment Management. This support from prominent figures in the financial industry further bolsters the company's credibility and potential for long-term success.
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