Dont sleep on this @Bullish @solana announcement. Peter Thiel, a prominent billionaire investor, has been a key backer of Bullish, a cryptocurrency exchange that recently filed for an IPO on the NYSE under the ticker "BLSH" on July 18, 2025. Bullish, a spinout of , is led by CEO Tom Farley, former NYSE president, and has executed over $1.25 trillion in trading volume since its launch, with $2.5 billion in average daily volume in Q1 2025, ranking among the top five exchanges for Bitcoin and Ether spot trading. Thiel’s involvement, through Founders Fund and Thiel Capital, alongside other investors like Nomura and Mike Novogratz, adds significant credibility. The IPO filing reflects Bullish’s aim to capitalize on renewed crypto market enthusiasm and a favorable regulatory climate under the Trump administration, which Thiel, Elon Musk, and Trump’s AI and Crypto czar David Sacks have supported through significant campaign funding and advocacy for crypto-legitimizing legislation. Bullish also owns CoinDesk, acquired in 2023, and competes with exchanges like Binance, Coinbase, and Kraken.
BREAKING: @Bullish is going all in on Solana. The crypto exchange with over $1.4 trillion in trading volume is migrating their core infrastructure to Solana-native stablecoins to power custody, payments, trading, and settlement.
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