Bullish (Ticker: BLSH US) is a Cayman Islands–incorporated company that operates an institutionally focused global digital asset platform. The company provides market infrastructure through its Bullish Exchange and information services through its ownership of CoinDesk and CCData.

Bullish priced its IPO on August 13, 2025 at $37.00 per share, above its amended price range of $32.00 to $33.00, raising approximately $1.11 billion by offering 30.0 million shares. The IPO was led by JP Morgan Securities LLC, with co-managers including Canaccord Genuity Ltd, Cantor Fitzgerald & Co, Citigroup Global Markets Inc, Deutsche Bank Securities Inc, Jefferies LLC, and Keefe Bruyette & Woods.

Bullish is led by CEO Thomas W. Farley, the former president of the NYSE Group, and is backed by investor Peter Thiel.