Peter Thiel Backed Bullish Global Is Going Public Amidst Major Crypto Upheaval

The crypto community is a dynamic area of operation. There is something or another happening in the community. One of the newest developments is Bullish Global’s announcement that it is going public.  

Bullish Global is a prominent name in the world of cryptoasset exchange operators. Billionaire Peter Thiel backs the company and is working with Jefferies Financial Group Inc. Therefore, it is a well-established financial company.  

However, a recent report by Bloomberg claims that Bullish Global is now looking to go public. This could be a landslide moment for the crypto community and the company. Therefore, it will be interesting to see how the situation develops over time.  

Growing Horizons 

Bullish Global’s plan to go public can be monumental as it will join hands with a growing list of companies that have already gone public. This drive to go public can prove beneficial since Trump’s pro-crypto agenda might complement this move.  

As of now, Bullish Global is being headed by CEO Tom Farley and has 275 employees across the Cayman Islands, Gibraltar, Singapore, Hong  Kong, and the US. In 2023, the company even acquired CoinDesk for an undisclosed or confidential amount. 

Therefore, Bullish Global has already depicted the trend of growing its area of influence. Therefore, this move to join IPO is supposedly the next chapter of this company’s growth history.  

The Endnote: What Could This Mean For Bullish Global 

Bullish Global has been planning to go public for a while now. The company warmed up to the idea back in the year 2021. Therefore, this is not a new development for the company. However, for some reason, the decision was kept on hold.  

If the company decides to go public, this could mean that Bullish Global will be joining hands with other companies like itself. This might bring a sense of uniformity in the crypto ecosystem.  

As a result, if more companies follow Bullish Global, it can bring a sense of cohesion, and that might change the landscape to a great extent.